Judgment
In the matter of Silver Base Group Holdings Limited - Judgment
[2021] CIGC (FSD) 329
· FSD 0329/2021 (DDJ) · 2021-12-08
Appointment of light-touch provisional liquidators for restructuring purposes – importance of the laws of the place of incorporation of a company – the need to take into account the position of creditors – sections 95(1)(b) and 104 of the Companies Act (2021 Revision) – adjournment of winding up petition – winding up proceedings also filed in Hong Kong – comity concerns dealt with. Insolvency; Corporate Restructuring; Cross‑Border Insolvency; Judicial Management
Full metadata
| Neutral Citation | [2021] CIGC (FSD) 329 |
|---|---|
| Cause Number | FSD 0329/2021 (DDJ) |
| Court | CIGC (FSD) |
| Judge | Doyle J |
| Parties | In the matter of Silver Base Group Holdings Limited - Judgment |
| Judgment Date | 2021-12-08 |
| Subject | Appointment of light-touch provisional liquidators for restructuring purposes – importance of the laws of the place of incorporation of a company – the need to take into account the position of creditors – sections 95(1)(b) and 104 of the Companies Act (2021 Revision) – adjournment of winding up petition – winding up proceedings also filed in Hong Kong – comity concerns dealt with. Insolvency; Corporate Restructuring; Cross‑Border Insolvency; Judicial Management |
| Filename (current) | 21-12-08-Silver-Base-Group-Holdings-Limited-Appointment-of-JPLs.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 94(2), 95(1)(b) and 104, 97(1), 99 | 8 |
| Companies Winding Up Rules (subordinate) | 20 | 1 |
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