Read the full judgment text of HCCW 001001/2003 on BabelCite. This High Court CFI judgment was delivered on 30 June 2004.
1. This was the hearing of a creditor's petition to wind up Solar Touch Limited ("the Company"), presented by Trackvilla Holdings Limited ("the Petitioner") on 9 September 2003. The petition is based on a debt of some HK$17.3 million which has its origins in a loan agreement ("the Loan Agreement") dated 5 May 1999 made between the Company and Mega Resources Limited ("Mega Resources"). According to the Petitioner, the Loan Agreement was in fact entered into by Mega Resources as trustee for a comp