Read the full judgment text of HCCW 000851/2002 on BabelCite. This High Court CFI judgment was delivered on 9 December 2002.
1. This is a petition to wind up the Company presented by Joinwell Enterprises Ltd on the ground that the Company is unable to pay its debts. The debt in the petition for hire charge and labour charge is not in dispute. It amounted to HK$1,027,037.35. Invoices for this were issued between March to May 2002. On 23 May 2002, the petitioner served a statutory demand for the debt on the Company. The petition herein was filed on 1 August 2002.