Read the full judgment text of HCCW 37/2021 on BabelCite. This High Court CFI judgment was delivered on 17 May 2021.
1. At the hearing of the petition on 17 May 2021, this Court made a usual winding up order against Zhaoheng Hydropower (Hong Kong) Limited (“ Company ”) on the grounds that the Company is unable to pay the debts owed to the petitioner and the 8 supporting creditors, and there is no evidence to demonstrate that the Company has formulated any concrete proposal to restructure its debts, or that any such proposal will have the support of the requisite majorities of the creditors. These are the detai
Cited by 4 cases · Cites 1 case