Read the full judgment text of HCCW 001367/2002 on BabelCite. This High Court CFI judgment was delivered on 24 March 2003.
1. This is a petition for winding-up presented by Reach Networks Hong Kong Limited, formerly known as PCCW-HKT International Limited. The debt in the petition is in the sum of HK$56,136,578.27, being cancellation charges with interest thereon under twenty-four contracts entered into between the petitioner and the company, Ixnet Hong Kong Limited ("the Company"), for the provision of international private leased circuit services by the petitioner to the Company. A demand for the debt was served o