Read the full judgment text of HCMP 437/2013 on BabelCite. This Court of First Instance judgment was delivered on 12 March 2013 before Hon L Chan J.
Company law – winding up – unclaimed shares – delisted companies – section 251 Companies Ordinance – section 56 Trustee Ordinance – liquidators' application to dispose of shares – shares of no value – impossibility of deposit with court – order granted – liquidators discharged – no order as to costs.
Legal issues: Disposal of unclaimed shares of delisted companies
Outcome: Application granted; liquidators at liberty to deal with shares as they see fit.
Cited by 4 cases · Cites 1 case