Read the full judgment text of HCCW 000870/2004 on BabelCite. This High Court CFI judgment was delivered on 14 July 2005.
1. I have before me a summons issued by Gold-Face Finance Limited (“the Company”) under section 182 of the Companies Ordinance, Cap. 32. The summons was issued on 7 July 2005, some 10 months after the creditor’s petition was presented in August 2004. In this summons, the Company seeks an order to validate two types of expenses. The first is operating expenses in the amount of HK$145,371.00 a month as from the date of the order. The other item of expenditure is professional fees in the sum of