Read the full judgment text of HCCW 108/2019 on BabelCite. This Court of First Instance judgment was delivered on 7 May 2020 before Harris J.
Companies winding-up – petition – undisputed debt – insolvency – restructuring – adjournment – factors – creditors' views – feasibility – evidence – Hong Kong listed company with Mainland operations – no comprehensive restructuring plan – winding-up ordered – costs awarded to supporting creditors – Re Chase on Development Limited [2020] HKCFI 629 – Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32) s.327
Legal issues: Whether to adjourn petition or wind up
Outcome: Winding-up order made against SMI Holdings Group Limited.
Cited by 8 cases · Cites 1 case