Read the full judgment text of HCCW 001299/2001 on BabelCite. This High Court CFI judgment was delivered on 21 February 2002.
1. On 3 December 2001, the petitioner Full Winning Trading Ltd. ("FWT") presented a petition to wind up Hyundai Engineering & Construction Co., Ltd. ("the Company") on the ground that the Company is unable to pay its debts under section 177(1)(d) of the Companies Ordinance, Cap. 32. The debt pleaded in the petition is in the sum of HK$1,526,129.00, "representing the outstanding plant hire charges for the period from 1 March 2001 to 30 August 2001 payable by the Company to [FWT] in respect of the
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