Read the full judgment text of HCCW 000217/1986 on BabelCite. This High Court CFI judgment was delivered on 25 July 1986.
1. On the 15th July 1986 a petition was presented by Yat Sun Dyestuffs & Chemicals Company Limited (the petitioner) to wind-up King's Dyeing & Weaving Factory Limited (the company) on the grounds that it is insolvent and unable to pay its debts and also on the just and equitable ground. The petition is due to be heard on the 15th September 1986. The petitioner claims that the company is indebted to it for the sum, of $1,092,088.40 in respect of goods sold and delivered between December 1985 to J