RE CHINA ZENITH CHEMICAL GROUP LTD (FORMERLY KNOWN AS XINYANG MAOJIAN GROUP LTD)

[2025] HKCA 109 Court of Appeal 24 January 2025 • CACV451/2024 • 11 min read

3 cases cited (0 HK, 3 foreign)

Judges (2)

Counsel (8)

A Lee & Partners Firm Christine M. Koo &Ip Firm Li, Kwok & Law Firm Stevenson, Wong & Co Firm Alvin Cheng Counsel Petitioner Lau Chun Ming Counsel Petitioner Richard Yip Counsel Respondent Tommy Cheung Counsel Petitioner

Summary

Security for costs decision in the winding-up proceedings of China Zenith Chemical Group Ltd (formerly Xinyang Maojian Group Ltd). Three respondents sought security for costs against the company's appeal against a winding-up order, with the Court ordering that the appeal would stand dismissed if security was not provided in time. Multiple sets of counsel acted for the substituted petitioners and the company.