Judgment · jid 1156
In the matter of Saad Investment Co Ltd - Ruling on JOLs' Sanction Application
FSD 0015 OF 2010 (ASCJ) · 2019-Oct-01
FSD - Liquidators' application for sanction of proposal for interim payment of dividends - existence of competing proprietary claims to all assets - whether liquidators allowed to distribute dividends despite being on notice of the competing proprietary claims - legal tests for grant of sanction by the Court in such circumstances - requirements of adequate security for repayment of the distribution if proprietary claims succeed.
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CSV
13 Apr 2025
CURRENT
6IMINBKOIGHD1E7635299D69DEABCBFDB59EE5DC28C581F83281.pdf
1.26 MB · md5 ea44e32f43c33b22fff1c74bdb7f68b8
Legacy box_files copy — originally downloaded under jid=1156 from the now-frozen judicial.ky CSV pipeline (Box.com signed-URL AJAX action=dl_bfile). Kept on disk for reference; the PDB release is the canonical current version. | re-homed from jid=4111 (identity-slide repair 2026-06-12)
Full metadata
| Cause Number | FSD 0015 OF 2010 (ASCJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2019-Oct-01 |
| Subject | FSD - Liquidators' application for sanction of proposal for interim payment of dividends - existence of competing proprietary claims to all assets - whether liquidators allowed to distribute dividends despite being on notice of the competing proprietary claims - legal tests for grant of sanction by the Court in such circumstances - requirements of adequate security for repayment of the distribution if proprietary claims succeed. |
| Category | Financial Services Division |
| Filename (current) | 6IMINBKOIGHD1E7635299D69DEABCBFDB59EE5DC28C581F83281.pdf |
| File MD5 | ea44e32f43c33b22fff1c74bdb7f68b8 |
| Source pipeline | csv |