Read the full judgment text of HCCW 450/2021 on BabelCite. This High Court CFI judgment was delivered on 14 February 2022.
1. By petition presented on 24 November 2021 the petitioner, Airboss Defense Group, LLC (“ Petitioner ”), seeks a winding up order against Lehman Bush (HK) Limited (雷曼布什投資有限公司) (“ Company ”) on the ground that the Company has failed to satisfy the statutory demand dated 17 September 2021 (“ SD ”) and, therefore, is deemed to be unable to pay its debts by virtue of section 178(1)(a) of the Companies (Winding-up and Miscellaneous Provisions) Ordinance (Cap 32). At the hearing, I dismissed the peti