Read the full judgment text of HCMP 001039/2006 on BabelCite. This High Court CFI judgment was delivered on 6 September 2006.
1. This is a petition presented by CIGNA Worldwide Insurance Company (“CIGNA Worldwide”) and CIGNA Worldwide Life Insurance Company Limited (“CIGNA Life HK”) pursuant to section 24 of the Insurance Companies Ordinance, Cap. 41. The petitioners seek sanction of the court to a scheme for the transfer to CIGNA Life HK of the whole of a long term insurance business carried on by CIGNA Worldwide in Hong Kong, and an order under section 25 of ancillary provisions for implementing the scheme. At the co
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