Part 13   Transitional and Saving Arrangements for Part 13
122.
Saving of predecessor Ordinance etc. for sanctioning arrangement
or compromise
(1) Sections 166, 166A and 167 of the predecessor Ordinance
and rule 117 of the Companies (Winding-up) Rules (Cap.
32 sub. leg. H), as in force immediately before the
commencement date of Division 2 of Part 13, continue to
apply in relation to an arrangement or compromise if,
before that commencement date, an application was made
to the Court for the purposes of section 166(1) of the