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COMPANIES (WINDING-UP AND MISCELLANEOUS PROVISIONS) ORDINANCE: COMMENTARY & ANNOTATIONS, 2016 Edition

 

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COMPANIES (WINDING-UP AND MISCELLANEOUS PROVISIONS) ORDINANCE: COMMENTARY & ANNOTATIONS
Jun 2016
DUO (Soft Cover and ProView eBook)


Print & Proview eBook
RM1,016.00
9789626619179

(All prices are inclusive of GST where applicable)

All Companies and Commercial Law practitioners must now be aware of the forthcoming amendments and changes to the Companies (Winding-Up and Miscellaneous Provisions) Ordinance (Cap. 32) and subsidiary legislation. These amendments are tentatively scheduled to be enacted by the end of December 2016/early 2017.

This new 2016 edition of the “Companies (Winding-Up and Miscellaneous Provisions) Ordinance” (Cap. 32) examines and analyses the:

• Key proposals designed to increase the protection of creditors in the course of a company winding-up;
• Additional safeguards to reduce the risk of abuse by directors during a voluntary winding-up process;
• Increased power of the Courts to set aside questionable transactions;
• Streamlining the winding-up process to save time and costs for the administration of such cases;
• Increased power of the Liquidator to preserve and protect the assets of a company during the winding-up and liquidation process ;
• Increased liability of company directors and members involved in questionable dealings and payouts within the year of a company’s winding-up process;


Jurisdiction: Hong Kong

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