Re Ambrose Logistics Ltd
Read the full judgment text of HCCW 610/2025 on BabelCite. This High Court CFI judgment was delivered on 22 June 2026.
1. By a petition presented on 30 September 2025 (and re-filed on 13 May 2026), the Petitioner (Protection of Wages on Insolvency Fund Board) seeks to wind up the Company on the ground that it is unable to pay its debts.
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HCCW 610/2025 [2026] HKCFI 3620 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMPANIES (WINDING-UP) PROCEEDINGS NO. 610 OF 2025 ________________________
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________________________ J U D G M E N T ________________________ 1.By a petition presented on 30 September 2025 (and re-filed on 13 May 2026), the Petitioner (Protection of Wages on Insolvency Fund Board) seeks to wind up the Company on the ground that it is unable to pay its debts. 2.The Company was incorporated in Hong Kong under the former Companies Ordinance (Cap 32) on 8 January 2013. 3.Pursuant to various orders of the Labour Tribunal, the Company became indebted to 8 of its former employees for a total sum of HK$359,328.19. The former employees applied to the Petitioner for ex-gratia payments under s.15 of the Protection of Wages on Insolvency Ordinance (Cap 380). In November 2025 and March 2026, the Petitioner duly made ex-gratia payments totalling HK$359,328.19 to the former employees. The Petitioner became a creditor of the Company to the extent of the ex-gratia payments made by way of subrogation. 4.The Petition was presented as a result of the failure of the Company to satisfy a statutory demand dated 24 March 2026 for HK$359,328.19, which has remained unsatisfied. The Company is therefore deemed insolvent by virtue of s.178(1)(a) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32). 5.On 6 May 2026, the Petitioner was ordered to be substituted as the petitioner in this petition, and the petition was subsequently amended. 6.The Company has not filed any notice of intention to oppose the petition, any affirmation in opposition or any skeleton submissions for today’s hearing. According to the Petitioner, at the hearing before Master J Leung on 17 June 2026, the Company, through its solicitors, submitted that the Company would have funds available within a week to settle part of the debt owed to the Petitioner. 7.At the hearing today, the Company’s solicitors on the record turned up and informed the court that they have no instructions in respect of the petition. The Company’s director, Mr Ng Wing Hoi, also appeared at the hearing today. However, as he has not previously obtained leave to represent the Company, the court has not received any submissions from him. 8.In these circumstances, I make the usual winding up order against the Company.
Mr Ludwig Ng (Solicitor Advocate), of ONC Lawyers, for the Petitioner The Company, absent Ms Christy Yiu, of Official Receiver’s Office, for the Official Receiver |