Read the full judgment text of HCCW 85/2018 on BabelCite. This High Court CFI judgment was delivered on 9 January 2019.
1. On 29 March 2018, the petitioner Cardomon International Limited issued a petition for the winding up of the Company on the grounds of insolvency. The alleged debts relied on by the petitioner are two loans for HK$895,000 and HK$250,000 respectively which were advanced to the Company on 12 September 2007 and 31 January 2013. There is no dispute that these loans were made to the Company and they are recorded in audit confirmations dated 14 April 2014 and are recorded in various of the Company’s
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