Country | |
Publisher | |
ISBN | 9789626612811 |
Format | PaperBack |
Language | English |
Year of Publication | 2016 |
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Company Law in Hong Kong – Insolvency 2017 focuses and provides an updated analysis on all matters relating to the surviving sections of the re-titled Companies (Winding-Up and Miscellaneous Provisions) Ordinance (Cap 32) dealing with Insolvency issues in Hong Kong a year after its re-enactment! Highlights: • Overview and summary of the amendments to the insolvency and winding-up provisions, including the proposed amendments due to come into effect this December 2016/early 2017. The purpose of these new amendments to the main law and its subsidiary legislation are to: (i) increase and enhance the protection for creditors; (ii) streamline the winding-up process; (iii) strengthen the regulation under the winding-up regime; (iv) enhance the integrity of the winding-up process; and (v) to make related, consequential and minor technical amendments to the law for easier understanding. • Updated with all transitional aspects and new legal content regarding forthcoming amendments to the law, including the five revised aspects of the winding-up process: (i) commencement of winding-up; (ii) appointment, powers, vacation of office and release of provisional liquidators; (iii) conduct of winding-up; (iv) voidable transactions; and (v) investigation during winding-up, offences antecedent to or in the course of winding-up and powers of the Court • Provides updates to the transitional laws and legal precedence that have been reviewed and heard by the Courts more than two years now since the re-titled law has been in effect • Focuses on all matters relating to Insolvency Law in Hong Kong and examines corporate insolvency law at every angle