Re Smartline Technology Ltd
Read the full judgment text of HCCW 180/2003 on BabelCite. This High Court CFI judgment was delivered on 7 April 2003.
1. This is a petition presented by Mr Lam Wai on the ground that Smartline Technology Limited ("the Company") is unable to pay its debts. The debt in this petition is founded on a Labour Tribunal award in the sum of HK$58,087.21 with interest obtained on 7 October 2002. The Company is also indebted to another employee by the same award in the sum of HK$46,865.80 with interest.
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HCCW000180/2003 HCCW 180/2003 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMPANIES (WINDING-UP) NO. 180 OF 2003 ____________
____________ Coram: Hon Kwan J in Court Date of Hearing: 7 April 2003 Date of Judgment: 7 April 2003 _______________ J U D G M E N T _______________ 1.This is a petition presented by Mr Lam Wai on the ground that Smartline Technology Limited ("the Company") is unable to pay its debts. The debt in this petition is founded on a Labour Tribunal award in the sum of HK$58,087.21 with interest obtained on 7 October 2002. The Company is also indebted to another employee by the same award in the sum of HK$46,865.80 with interest. 2.A demand for payment was served on the Company on 6 January 2003 and the petition was presented on 14 February 2003. The petition was adjourned by a Master on 2 April 2003 because a director of the Company indicated to the court that the Company would oppose the petition and is negotiating for a settlement with the petitioner. 3.No leave has been obtained by any director to represent the Company and no one has appeared for the Company today. In the circumstances, I make a winding-up order against the Company and I order that the petitioner's costs are to be paid out of the Company's assets.
Representation: Miss P Lo of Legal Aid Department, for the Petitioner The Company, Smartline Technology Limited, absent Miss T Yau, for the Official Receiver |