Read the full judgment text of HCMP 2227/2013 on BabelCite. This High Court CFI judgment was delivered on 4 June 2014.
1. I have before me a Petition issued by the Company to sanction a reduction in its share capital. On 24 January 2014 I made an order dispensing with settling a list of creditors. The purpose for reducing the share capital of the Company is conventional, namely, to create a credit which can be used to write off accumulated losses.