Read the full judgment text of HCCW 000207/1988 on BabelCite. This High Court CFI judgment.
1. This is a summons issued on behalf of Mandarin Resources Corporation Limited (the company) to dismiss a winding up petition presented by Markle Land Limited (the petitioner) on the grounds of insolvency by reason that it discloses no reasonable cause of action and is an abuse of the process of the court. At the hearing, it was agreed that the petition should be dismissed for the debt upon which the petition was based had been paid. However, there is a dispute between the parties on the matter