RED VICTORY GROUP LTD v LAM HOK CHUNG RAINIER AND ANOTHER

Read the full judgment text of HCCW 332/2012 on BabelCite. This High Court CFI judgment was delivered on 10 July 2015.

1. I have before me an urgent application made by Red Victory Group Limited (“Red Victory”) in the liquidation of Wongs Investment Development Holdings Group Limited (“Wongs”). The draft summons seeks an order (1) that the liquidators of Wongs do enter into an agreement to borrow money from the applicant to discharge a prior loan; (2) that the liquidators be removed from office; and (3) that the liquidators be restrained from voting in favour of the replacement of the existing directors of China

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