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Q. Indicator based definition of phoenix activity?
Many stakeholders emphasised the importance of educating the community about the signs or indicators of phoenix activity. A definition could be framed around the common indicators listed. This is a similar to the ASIC definition which identifies three key characteristics of phoenix activity. However, like the corporate form based definition, an indicator definition may become outdated as phoenix activity evolves.
Differences between registered companies and partnerships: The basic differences between registered companies and partnerships are as follows: (a) Formation Registration
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Read Fateh Muhammad v Commissioner of Registration [2001] 2 HKLRD 659 which can be found in the westlaw HK website of our library database in which there is a summary of what the c
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