Read the full judgment text of HCCW 000749/1999 on BabelCite. This High Court CFI judgment was delivered on 29 March 2000.
1. This is an application by the petitioner Yung Yuk Mui for a winding-up order against Swiftway International Limited ("the Company"). This application is based on a Statutory Demand dated 15 July 1999 under section 178(1)(a) of the Companies Ordinance requiring the company to pay to the petitioner a debt in the sum of $385,000. Upon the expiry of 21 days from 15 July 1999, when no payment of the debt demanded was made by the Company, this petition was issued on 13 August 1999.