Under the company ordinance of Hong Kong Section 291AA, only if a limited
company with satisfaction of the following conditions can use deregistration way
to close down her business.
1) The company has already ceased her business and does not have any liabilities.
2) In case there are some liabilities, the company still can apply for deregistration,
provided that the liabilities are secured by her holding company, or shareholders,
or directors, or all the creditors have declared abandon of their right to collect the
debts. |
