Re Video Epoch Ltd

Read the full judgment text of HCCW 39/2003 on BabelCite. This High Court CFI judgment was delivered on 17 March 2003.

1. This is a petition to wind up Video Epoch Limited, ("the Company") presented by a company based in Singapore. The debt in the petition is a judgment debt in HCA No. 2648 of 2002 obtained on 1 November 2002 in the sum of US$161,496.05. A demand for the debt was served on the Company on 18 December 2002 and the petition was presented on 9 January 2003.

Case No.HCCW 39/2003
Court
High Court CFI
Date17 Mar 2003
Judge
Case Document
100%Judiciary

HCCW000039/2003

HCCW 39/2003

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 39 OF 2003

____________

IN THE MATTER of VIDEO EPOCH LIMITED

AND

IN THE MATTER of the Companies Ordinance, Cap. 32

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Coram: Hon Kwan J in Court

Date of Hearing: 17 March 2003

Date of Judgment: 17 March 2003

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J U D G M E N T

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1.This is a petition to wind up Video Epoch Limited, ("the Company") presented by a company based in Singapore. The debt in the petition is a judgment debt in HCA No. 2648 of 2002 obtained on 1 November 2002 in the sum of US$161,496.05. A demand for the debt was served on the Company on 18 December 2002 and the petition was presented on 9 January 2003.

2.On 10 March 2003, I adjourned the matter for seven days for the parties to conduct negotiations for settlement. I understand from the petitioner's counsel and this is confirmed by a letter of the Company's solicitors dated 12 March 2003 that the Company no longer opposes the petition.

3.In the circumstances, I make a winding-up order against the Company and I order that the costs of the petition are to be paid out of the Company's assets.

(S Kwan)
Judge of the Court of First Instance
High Court

Representation:

Miss Elaine Liu, instructed by Messrs P C Woo & Co., for the Petitioner

Messrs Tang, Wong & Cheung, for the Company, absent

Miss T Yau, for the Official Receiver