Read the full judgment text of HCCW 53/2012 on BabelCite. This High Court CFI judgment was delivered on 30 April 2015.
1. The Company which is the subject of the application before me went into compulsory liquidation on 9 May 2012. It did so in the following circumstances. The Company was single purpose vehicle used by its sole shareholder and director, the Respondent, to invest in a property at Leon Court on Hong Kong Island. The property was purchased in 2010 for $42.8 million and sold later in that year, the sale completing on 5 January 2011, for $48 million. Its audited financial statement for the year endin
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