Read the full judgment text of HCCW 000494/2003 on BabelCite. This High Court CFI judgment was delivered on 10 May 2006.
1. This is an application taken out by Lai Cheung Wai, a contributory of Stuttgart International Motors (Holdings) Limited (“the Company”), under section 209 of the Companies Ordinance, Cap. 32. The applicant seeks an order that all further proceedings in the winding up of the Company be stayed permanently. The summons has been served on the petitioning creditor, the liquidators and the Official Receiver. There is no opposition on the part of any one. The background to the application may be