Read the full judgment text of HCCW 000014/1997 on BabelCite. This High Court CFI judgment was delivered on 17 July 1997.
1. This is a winding up petition, the hearing of which has taken 1 day and a little bit more but one has to say it has taken an unusual course. Briefly there are two Petitioners and one respondent-company. The petition is brought under S.177 of the Companies Ordinance on the basis that the company is unable to pay its debts.