Read the full judgment text of HCCW 236/2018 on BabelCite. This High Court CFI judgment was delivered on 4 March 2020.
1. On 24 August 2018 the Petitioner, Gold Swing Enterprises Limited (“ Gold Swing ”) issued a petition to wind up Golden Oasis Health Limited (“ Company ”) on the grounds of insolvency pursuant to the s327 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance , Cap 32 (“ Ordinance ”). The Petition is opposed by New Health Elite International Limited (“ New Health ”) as opposing contributory. New Health holds 61% of the Company’s share capital. The Petitioner is also a shareholder
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