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    News Details
     
    Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 to take effect on Feb
    Top 9 News Links

    Economic situation in the second quarter of 2021 and latest GDP and price forecasts for 2021

    Provisional statistics of retail sales for July 2021

    External merchandise trade statistics for June 2020

    Advance estimates on Gross Domestic Product for second quarter of 2020

    Business expectations for second quarter of 2018

    Volume and price statistics of external merchandise trade in February 2018

    Unemployment and underemployment statistics for January - March 2018

    Provisional statistics of retail sales for February 2018

    Wage and payroll statistics for December 2017

     
         The Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 (the Amendment Ordinance) will come into operation on February 13, 2017.

         The Amendment Ordinance seeks to amend the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) and its subsidiary legislation to increase protection of creditors, streamline the winding up process and strengthen regulation under the winding up regime with a view to improving and modernising Hong Kong's corporate winding-up regime. Related, consequential and minor technical amendments are also made to relevant legislations.

         To learn more about the Amendment Ordinance, please visit the website of the Official Receiver's Office (ORO) (www.oro.gov.hk/eng/news/pdf/QandAs%20on%20CWUMPAO.pdf).

         Any further enquiries can be addressed to the ORO's hotline at 2867 2448.
     
    Ends
     
    February 10, 2017
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