Read the full judgment text of HCCW 149/2020 on BabelCite. This High Court CFI judgment was delivered on 29 September 2021.
1. On 5 November 2020, the Company was wound up on the grounds of insolvency on the petition of two creditors, Shanghai Win-Chain Supply Chain Management Co., Ltd and Win-Chain (Hongkong) Co., Ltd. The Official Receiver became the first provisional liquidator pursuant to section 194(1) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance , Cap 32 (“ Ordinance ”). As is normal the Official Receiver pursuant to section 194(1A ) of the Ordinance , appointed private practitioners to
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