Read the full judgment text of HCCW 000016/2002 on BabelCite. This High Court CFI judgment was delivered on 24 June 2002.
1. This is a petition to wind up Kam Kuen Construction Co. Ltd. ("the Company") on the ground that it is unable to pay its debts. The petition was presented by Wong Po Kee Ltd.. On 5 December 2001, a statutory demand was served on the Company seeking payment of HK$2,559,649.83. This was made up of the principal sum of HK$2,285,084.31 with interest calculated up to 4 December 2001. According to the petitioner, the amount was due under an agreement in writing ("the settlement agreement") signed by
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