Read the full judgment text of HCCW 000068/1974 on BabelCite. This High Court CFI judgment.
1. This is a petition by Kin Shing Tong Limited (hereinafter referred to as the petitioner) for an order to wind up the Planar Semiconductor Limited (hereinafter referred to as the respondent) on the ground that the respondent is insolvent and is unable to pay its debt due to the petitioner. The petitioner's case is that by various loans made by the petitioner to the respondent on divers days between the 17th of December, 1973 and the 29th of May, 1974, the respondent is indebted to the petition