Read the full judgment text of HCCW 657/2004 on BabelCite. This High Court CFI judgment was delivered on 21 November 2007.
1. This is an application by the contributories of TKR Finance Limited seeking a permanent stay on the winding up of the company. Whether or not a stay should be granted is ultimately a matter for the court’s discretion, but it is well established that the court should only grant a stay if it is positively satisfied that there are good reasons for doing so. In this case, having considered the concerns that have been raised by the liquidator, it does seem to me that there are good reasons for g
Cited by 1 case