Read the full judgment text of HCA 001631/2004 on BabelCite. This High Court CFI judgment was delivered on 16 August 2005.
1. The plaintiff companies in this action are the creditors of a company called CIL Holdings Ltd (“CIL”) in a sum in excess of HK$130 million. The 2 nd defendant (“Mr Ke”) holds 5.3% of the shares in CIL, and is the chairman of CIL. In about August 2002, CIL proposed a scheme of arrangement with its creditors.