Read the full judgment text of HCMP 002799/2002 on BabelCite. This High Court CFI judgment was delivered on 2 April 2003.
1. This is a petition to sanction a scheme of arrangement dated 28 November 2002 ("the Amended Scheme") under section 166 of the Companies Ordinance, Cap. 32, made between CIL Holdings Limited ("the Company") and the admitted creditors of the Company ("the Scheme Creditors"). Essentially, two matters arose for decision. The first relates to the effect of a vote for an adjournment of the meeting convened pursuant to an order of the court. The second relates to the jurisdiction and discretion of t
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