Winding-up — subsequent to grant of order permanent staying winding-up proceedings, Official Receiver qua provisional liquidator applied for orders and declarations in respect of ad valorem fee said to be chargeable under the Companies (Fees and Percentages) Order, Cap 32C — whether application violated issue estoppel doctrine and abusive of process
Basis and date of valuation of shares for buy-out order — grossly unfair and seriously prejudicial acts of existing shareholders — overriding consideration is one of fairness to both parties in all the circumstances — no principle that a respondent guilty of unfairly prejudicial conduct must invariably be deprived of any increase in the value of shares so as to “put right” the unfair prejudice