8/17/2012
START DATE
END DATE
4/15/2013
In the Matter of the Companies Act 1981 Saad Investments Company Limited In Official Liquidation and Singularis Holdings Ltd In Official Liquidation
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda Commercial Court
Companies (Winding-Up)
Rod Attride-Stirling and Kehinde George Attride-Stirling & Woloniecki
Paul Smith and Scott Pearman Conyers Dill & Pearman
FACTS OF THE CASE:
The case involves winding-up proceedings for Saad Investments Company Ltd and Singularis Holdings Ltd with an application for examination and production of documents from their former auditor PricewaterhouseCoopers Exempted under Section 195 of the Companies Act 1981
SUMMARY:
Legality and scope of ex parte orders for document production and examination in winding-up proceedings
OUTCOMES:
Orders for document production and examination were upheld with considerations for the scope and timeframe
RULED IN FAVOUR OF:
Joint Official Liquidators of Saad Investments Company Ltd and Singularis Holdings Ltd
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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In the Matter of the Companies Act 1981 Saad Investments Company Limited In Official Liquidation and Singularis Holdings Ltd In Official Liquidation
The case involves winding-up proceedings for Saad Investments Company Ltd and Singularis Holdings Ltd with an application for examination and production of documents from their former auditor PricewaterhouseCoopers Exempted under Section 195 of the Companies Act 1981