Read the full judgment text of HCMP 503/2022 on BabelCite. This High Court CFI judgment was delivered on 24 June 2022.
1. This is an application for recognition and assistance. The Company, a Cayman-incorporated entity, is solvent and in provisional liquidation in the Cayman Islands. The Joint Provisional Liquidators (the “ JPLs ”) appointed by the Grand Court of the Cayman Islands (the “ Cayman Court ”) on 10 February 2022 wish to exercise the Company’s management’s powers, including controlling the Company’s assets in Hong Kong. The JPLs believe that none of the Company’s shareholders and creditors oppose this
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