Read the full judgment text of HCA 007171/1993 on BabelCite. This High Court CFI judgment was delivered on 31 March 1995.
1. In the action the Plaintiff obtained on 15th March 1994 judgment in default against the 1st and 4th Defendants (which I shall respectively call 'Gleeful' and 'Taenfair') for $7.2m. On the basis of that judgment the Plaintiff issued a petition for the winding up of Gleeful and a winding-up order was made on 29th June 1994. The 2nd Defendant (Mr. Lai) in the action, who is a contributory and director of Gleeful, now applies for the judgment against Gleeful to be set aside and for the winding-up