DIFC 033/2009
In the matter of the DIFC Insolvency Law, DIFC Law No. 3/2009 Re Orion Holding Overseas Ltd
Type
Case
Court
Dubai International Financial Centre - JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCE CENTRE, COURT OF FIRST INSTANCE
Jurisdiction
Dubai International Financial Centre
Taxonomy
Companies & Corporate Bodies, Liquidation
Copyright
LexisNexis
Decision date
14 Jan 2010
Hearing/Judgment date
14 January 2010
Panel
Sir John Chadwick J
Catchwords
Company – Winding up – Liquidator – Company presenting winding up petition – Provisional liquidator appointed – Liquidator having previously advised company – Creditors questioning appearance of partiality in liquidator – Correct procedure for appointing liquidator – Whether liquidator’s previous advice giving appearance of impartiality – Whether appointment should be provisional