Read the full judgment text of HCCW 72/2015 on BabelCite. This High Court CFI judgment was delivered on 10 August 2015.
1. On 2 March 2015 the Petitioner issued a Petition for the winding‑up of the Company on the grounds of insolvency. It relies to establish insolvency on a statutory demand dated 15 January 2015, which in turn refers to a judgment dated 30 June 2014 for US$81,248.00. There is no dispute that the sum is due, I gave the Company leave to file evidence to address its ability to pay the debt.