PDF unavailable from source.
The source website reports this file as unavailable, so only the
catalogue entry can be shown. It will be restored automatically if
the source republishes it.
Judgment · jid 11629
In the matter of HQP Corporation Ltd and in the matter of Direct Lending Income Feeder Fund Ltd - Judgment
[2025] CICA (Civ) 19
· CICA (CIVIL) APPEAL NO. 0016 OF 2023 and CICA (CIVIL) APPEAL NO. 0014 OF 2024 · 2025-Nov-07
Whether misrepresentation claims by shareholders are barred from proof in liquidation (Houldsworth rule); whether such claims, if provable, rank pari passu with or subordinate to other creditors; whether contractual waterfalls in Articles of Association affect priority of misrepresentation claims.
Full metadata
| Neutral Citation | [2025] CICA (Civ) 19 |
|---|---|
| Cause Number | CICA (CIVIL) APPEAL NO. 0016 OF 2023 and CICA (CIVIL) APPEAL NO. 0014 OF 2024 |
| Court | Court of Appeal |
| Judgment Date | 2025-Nov-07 |
| Subject | Whether misrepresentation claims by shareholders are barred from proof in liquidation (Houldsworth rule); whether such claims, if provable, rank pari passu with or subordinate to other creditors; whether contractual waterfalls in Articles of Association affect priority of misrepresentation claims. |
| Category | Civil |
| Filename (current) | CICACIV1424&162311072025HQPDIRECTLENDING.pdf |
| Source pipeline | csv |