Re Shun Yuen Trading Co. Ltd.
Read the full judgment text of HCCW 201/2002 on BabelCite. This High Court CFI judgment was delivered on 10 June 2002.
1. The petition in this matter was brought by the Bank of China (HK) Limited. Before the merger of banks, the petitioner was the Kwang Tung Provincial Bank Limited. The petition is based on the balance of a judgment debt in HCA No. 2485 of 2000 given on 31 March 2000. The balance outstanding is in the sum of HK$20,914,804.02.
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HCCW000201/2002 HCCW 201/2002 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMPANIES (WINDING-UP) NO. 201 OF 2002 ____________
____________ Coram: Hon Kwan J in Court Date of Hearing: 10 June 2002 Date of Judgment: 10 June 2002 _______________ J U D G M E N T _______________ 1.The petition in this matter was brought by the Bank of China (HK) Limited. Before the merger of banks, the petitioner was the Kwang Tung Provincial Bank Limited. The petition is based on the balance of a judgment debt in HCA No. 2485 of 2000 given on 31 March 2000. The balance outstanding is in the sum of HK$20,914,804.02. 2.A statutory demand was served on the company on 8 February 2001. The petition was filed on the basis that the statutory demand has not been complied with and the company is unable to pay its debt. 3.The company has not appeared by a solicitor and no notice has been received by the petitioner's solicitors of anyone intending to oppose the petition. In the circumstances, I make a winding-up order against the company and I order that the petitioner's costs be paid out of the assets of the company.
Representation: Mr Jeremy Chan, instructed by Messrs Tsang, Chan & Wong, for the Petitioner Shun Yuen Trading Company Ltd formerly known as Fook Man Tours Ltd, unrepresented Mrs Maria Lam, for the Official Receiver |