Read the full judgment text of HCCW 439/2024 on BabelCite. This High Court CFI judgment was delivered on 28 October 2024.
1. There is before the court a petition presented by Haitong International Products & Solutions Limited (“ Petitioner ”) seeking to wind up Everwin Enterprise (Hong Kong) Limited (永興達企業(香港)有限公司) (“ Company ”) on the ground that it is insolvent and unable to pay its debts. The Petitioner relies on the failure on the part of the Company in complying with a statutory demand served upon it on 3 June 2024 (“ SD ”) which required the Company to pay US$191,241,792 (“ Debt ”).
Cites 8 cases