Read the full judgment text of HCCW 000266/1998 on BabelCite. This High Court CFI judgment was delivered on 10 November 1998.
1. This is a creditor's petition to wind-up China Win Holdings Ltd. ("China Win"). The alleged indebtedness arises under a guarantee dated 9 March 1995 given by China Win to Topstart Ltd. (the Petitioner) in respect of principal and interest due to the Petitioner from China Win's subsidiary Wishful Chance Development Ltd. ("Wishful Chance") under a loan agreement dated 8 March 1995 made between the Petitioner and Wishful Chance ("the 1995 Agreement").