Read the full judgment text of HCCW 176/2020 on BabelCite. This High Court CFI judgment was delivered on 29 March 2022.
1. There is before the Court a petition presented by the petitioner, Qian Dao Hu Yulang Park Holdings Limited (千島湖玉星園控股有限公司) (“ P ”), on 18 June 2020 (“ Petition ”) seeking a winding up order against Pacific Cultural Hospitality Development (HK) Limited (太平洋文旅發展 (香港) 有限公司) (“ Company ”) on the ground that the Company failed to pay a debt of RMB27 million (“ Debt ”), the particulars of which are described as follows [1] :
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