Read the full judgment text of HCMP 004195/1997 on BabelCite. This High Court CFI judgment was delivered on 22 December 1997.
1. This is a petition by Lippo China Resources Limited ("the Company") for confirmation by the Court of a reduction of capital. Under the special resolution passed to reduce capital, the entire amount standing to the credit of the share premium account of the Company as at the close of business on the first day immediately preceding the day on which this petition is heard is to be cancelled. At the hearing, an order was made confirming the reduction. In view of the absence of any Hong Kong decis