Read the full judgment text of HCCW 205/2019 on BabelCite. This High Court CFI judgment was delivered on 2 September 2019.
1. The Petitioner is the Allahabad Bank, which petitions to wind up UIL Hong Kong Limited (“ Company ”) on the grounds of insolvency. To prove insolvency it relies on a statutory demand dated 22 March 2019 for payment of US$6,919,104.32 plus interest, which continues to accrue.
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