Re Ka Shing Electric Mfg Co. Ltd.
Read the full judgment text of HCCW 679/2001 on BabelCite. This High Court CFI judgment was delivered on 3 October 2001.
1. This is a petition for the winding up of Ka Shing Electric Manufacturing Co. Limited. The petition shows that in April 2001, a judgment debt in the sum of over $584,000.00 was entered against the Company. The following month, in May 2001, a statutory demand was served which was not satisfied and two months later, in July 2001, the petition was presented to the Court. There has been no affidavit filed on behalf of the Company opposing the petition.
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HCCW000679/2001 HCCW 679/2001 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMPANIES WINDING-UP PROCEEDINGS NO. 679 OF 2001 ____________
____________ Coram: Hon Yuen J in Court Date of Hearing: 3 October 2001 Date of Judgment: 3 October 2001 _______________ J U D G M E N T _______________ 1.This is a petition for the winding up of Ka Shing Electric Manufacturing Co. Limited. The petition shows that in April 2001, a judgment debt in the sum of over $584,000.00 was entered against the Company. The following month, in May 2001, a statutory demand was served which was not satisfied and two months later, in July 2001, the petition was presented to the Court. There has been no affidavit filed on behalf of the Company opposing the petition. 2.At the hearing before the Master on 26 September 2001, solicitors appearing for the Company indicated that the Company was opposing the petition and there was a proposal to settle the judgment debt by way of instalments which apparently was not accepted by the Petitioner. 3.In any event today, no one has appeared to represent the Company and accordingly, I would make the usual winding-up order, there being no other creditors appearing.
Representation: Mr Victor W T So, instructed by Messrs Simmons & Simmons, for the Petitioner Mr Glen from the Official Receiver's Office Company, absent |