Read the full judgment text of HCMP 283/2014 on BabelCite. This High Court CFI judgment was delivered on 11 March 2014.
1. By a Petition filed on 6 February 2014 (“Petition”), Burlington WorldWide Ltd (“Company”) seeks an order that its excess capital in the amount of HK$36,270,001.86 be returned to the shareholders (“Capital Reduction”) as proposed by a special resolution, which was approved by all the shareholders, referred to in para 7 therein be confirmed by the court pursuant to s 60(1) of the Companies Ordinance, Cap 32 (“Ordinance”).