Read the full judgment text of CACV 58/2016 on BabelCite. This Court of Appeal judgment was delivered on 11 July 2017.
1. Harris J ordered the winding up of Allied Weli Development Limited (formerly known as Hennabun Capital Group Limited) (‘the Company’) based on the petition of the Petitioner pursuant to section 327 of the Companies (Winding Up And Miscellaneous Provisions) Ordinance , Cap 32 (‘the Ordinance ’). The Company appealed. We dismissed the appeal at the conclusion of the hearing. I now give reasons for our judgment.
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