Judgment
In the Matter of E-House (China) Enterprise Holdings Limited - Judgment
FSD 0220/2023 (NSJ) · 2024-04-02
Scheme of arrangement - scheme already sanctioned - post-sanction conditions to implementation incapable of satisfaction – Company had the right to waive the satisfaction of relevant condition but had decided to allow the scheme to lapse - a sanctioned scheme in respect of the Company in 2022 had also not been implemented - application by Company for permission to send out a notice to Scheme Creditors confirming that the scheme would lapse and would not be implemented. Corporate Insolvency; Schemes Of Arrangement; Restructuring
Full metadata
| Cause Number | FSD 0220/2023 (NSJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Segal J |
| Parties | In the Matter of E-House (China) Enterprise Holdings Limited - Judgment |
| Judgment Date | 2024-04-02 |
| Subject | Scheme of arrangement - scheme already sanctioned - post-sanction conditions to implementation incapable of satisfaction – Company had the right to waive the satisfaction of relevant condition but had decided to allow the scheme to lapse - a sanctioned scheme in respect of the Company in 2022 had also not been implemented - application by Company for permission to send out a notice to Scheme Creditors confirming that the scheme would lapse and would not be implemented. Corporate Insolvency; Schemes Of Arrangement; Restructuring |
| Filename (current) | 24-04-02-In-the-Matter-of-E-House-China-Enterprise-Holdings-Limited-FSD-220-of-2023-NSJ-Judgment.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 86 | 2 |
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