Read the full judgment text of CACV 265/1998 on BabelCite. This Court of Appeal judgment was delivered on 27 October 1998.
1. At the adjourned hearing of the Petition of Dragon Investment Company II, LLC ("Dragon II"), the petitioning creditor, to wind up Sinoamerican Telecom Inc. ("the Company"), I declined to make a winding-up order and, instead, upon the application of the opposing contributory, adjourned the hearing of the Petition and gave directions for the further conduct of the winding-up proceedings. This included discovery and cross-examination of the deponents. My reasons appear below.