Read the full judgment text of HCCW 000109/2002 on BabelCite. This High Court CFI judgment was delivered on 13 May 2002.
1. This is a petition to wind up Horizon Group Investments Limited ("the Company") under section 177(1)(d) of the Companies Ordinance, Cap. 32 on the ground that the Company is unable to pay its debts. The debt, which is not in dispute, is a judgment debt in the sum of HK$168,533.28, being taxed costs in HCA No. 9668 of 2000 for which an allocatur was issued on 27 December 2001. The High Court Action and the costs made against the Company arose in this manner.