Read the full judgment text of HCCW 270/2019 on BabelCite. This High Court CFI judgment was delivered on 21 December 2020.
1. On 10 September 2019, this petition was issued for the winding up of the Company on the grounds of insolvency. The debt relied on by the Petitioner is not disputed. The petition has been adjourned on four occasions in order to give the Company the opportunity to try and restructure its debts, and agree some form of settlement with the Petitioner. I understand that partial repayment of the debt owed to the Petitioner has been made.