Payment Orders were originally introduced in the CPC as a fast track route for creditors holding a financial instrument, such as a letter of credit or cheque, to obtain judgment against their debtor for what is a simple and indisputable debt. Payment Orders were rarely issued by the onshore UAE courts. In 2018, Cabinet Resolution No 57 of 2018 (the “2018 Cabinet Resolution”) significantly expanded the scope of application of Payment Orders by extending them to all admitted debts rather than simply those arising out of financial instruments only.

The existing provisions on the winding up of  companies in Hong Kong will continue to operate  after the new Companies Ordinance comes into  effect, which is expected to be on 3 March 2014.

The new Companies Ordinance is an overhaul  covering many aspects of the existing Companies  Ordinance, including the following:

Introduction

Introduction

Introduction

Introduction

Introduction

Introduction

Introduction

Introduction