Read the full judgment text of HCCW 348/2017 on BabelCite. This High Court CFI judgment was delivered on 22 January 2018.
1. I have before me a winding‑up petition seeking a winding‑up order on the grounds of insolvency. The petition was issued on 15 November 2017 and it relies in order to prove insolvency on a statutory demand dated 29 September 2017. The amount of the alleged debt is significant: RMB120,519,063.55. The debt has already been the subject of litigation in HCA 3243/2016.
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