Read the full judgment text of HCCW 124/2017 on BabelCite. This High Court CFI judgment was delivered on 1 February 2019.
1. I have before me a petition to wind up the Company on the grounds of insolvency relying on a statutory demand requiring repayment of debts of CHF110,915.96 and HK$280,000. Ms Lam, who appeared for the Petitioner, explained at the commencement of the hearing that part of the CHF debt had been wrongly included and the total was overstated by CHF5,388.96. In Hong Kong dollars (at I assume the current spot rate or thereabouts) the debt totals HK$1,213,600. This is made up of seven advances made b
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