Read the full judgment text of HCCW 11/2010 on BabelCite. This High Court CFI judgment was delivered on 29 November 2012.
1. This is an application by the Liquidators under s 266 and 266B(1)(b)(ii) of the Companies Ordinance , Cap 32 (“Cap 32”) to invalidate 7 payments totalling HK$700,000 (respectively “the Payments” and “the Sum”) which were made to the respondent (“Ms Man”) by Aloha Coffee Co Ltd (in liquidation) (“the Company”) during a 6-week period from 29 April to 10 June 2009. It is contended that the Payments constituted unfair preferences and the Liquidators seek a repayment of the Sum by Ms Man.
Cited by 2 cases