The Joint and Several Liquidators of Great Honest Finance Company Limited (in Compulsory Liquidation) v. Chung Yuet Sheung, Lorrain and Others

Read the full judgment text of HCCW 101/2009 on BabelCite. This High Court CFI judgment was delivered on 19 August 2009.

1. I make an order in terms of paragraphs 1 to 6 of each of the summonses in the three winding-up proceedings.  I order the costs of the liquidators in this application to be a liquidation expense and be borne by the estate of the company concerned.

Cites 1 case

Case No.HCCW 101/2009
Court
High Court CFI
Date19 Aug 2009
Judge
Case Document
100%Judiciary

HCCW 101/2009

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 101 OF 2009

----------------------

  IN THE MATTER of GREAT HONEST FINANCE COMPANY LIMITED (IN COMPULSORY LIQUIDATION)
  and
  IN THE MATTER of the Companies Ordinance, Cap. 32

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BETWEEN    
    THE JOINT AND SEVERAL LIQUIDATORS OF GREAT HONEST FINANCE COMPANY LIMITED (IN COMPULSORY LIQUIDATION) Applicants
    and  
     CHUNG YUET SHEUNG, LORRAIN 1st Respondent
    MO KWONG WAI 2nd Respondent
      ROY LI WAI HUCK 3rd Respondent

----------------------

AND

HCCW 102/2009

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 102 OF 2009

----------------------

  IN THE MATTER of GREAT HONEST INVESTMENT COMPANY LIMITED (IN COMPULSORY LIQUIDATION)
  and
  IN THE MATTER of the Companies Ordinance, Cap. 32

----------------------

BETWEEN    
  THE JOINT AND SEVERAL LIQUIDATORS OF  GREAT HONEST INVESTMENT COMPANY LIMITED (IN COMPULSORY LIQUIDATION) Applicants
  and  
  CHUNG YUET SHEUNG, LORRAIN   1st Respondent
  MO KWONG WAI 2nd Respondent
      ROY LI WAI HUCK 3rd Respondent

----------------------

AND

HCCW 103/2009

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 103 OF 2009

----------------------

  IN THE MATTER of PAK WIN INVESTMENT LIMITED (IN COMPULSORY LIQUIDATION)
  and
  IN THE MATTER of the Companies Ordinance, Cap. 32

----------------------

BETWEEN    
    THE JOINT AND SEVERAL LIQUIDATORS OF PAK WIN INVESTMENT LIMITED (IN COMPULSORY LIQUIDATION) Applicants
  and  
  CHUNG YUET SHEUNG, LORRAIN   1st Respondent
  MO KWONG WAI 2nd Respondent
      ROY LI WAI HUCK 3rd Respondent

----------------------

(Heard Together)

Before: Hon Kwan J in Chambers (Not open to the public)

Date of Hearing:  19 August 2009

Date of Decision: 19 August 2009

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D E C I S I O N

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1.I make an order in terms of paragraphs 1 to 6 of each of the summonses in the three winding-up proceedings.  I order the costs of the liquidators in this application to be a liquidation expense and be borne by the estate of the company concerned.

2.There is no opposition to the order for oral examination.  I am satisfied in the circumstances that each of the respondents should be examined before a Master regarding the affairs and dealings of each of the three companies.

3.On the production of documents, what the respondents are required to do is to produce all documents within the scope of the order that are now in their possession.  So these documents would cover, for instance, documents that Ms Lorrain Chung said her former solicitors have returned to her recently, if they do fall within the scope of the orders.

4.If the documents are not in their possession but the respondents are in the position to seek them from those who have the documents, they are required to provide letters of authorisation addressed to the bank for the relevant bank accounts, to authorise the bank to release the documents covered by the orders to the liquidators.

5.For the expenses of the bank in providing the documents, they should be borne by the respondents in the first place.  If however, the respondents are really unable to pay, I understand from the liquidators that the liquidators are prepared to pay the bank the necessary charges.  So there would be no practical difficulties in complying with the orders I make. 

  (S Kwan)
    Judge of the Court of First Instance
  High Court

Mr. Christopher Dobby of Messrs Lovells, for the Liquidators

Ms Chung Yuet Sheung, Lorrain, the 1st Respondent, appearing in person

Mr Mo Kwong Wai, the 2nd Respondent, appearing in person

Mr Roy Li Wai Huck, the 3rd Respondent, appearing in person