Read the full judgment text of HCCW 000172/1985 on BabelCite. This High Court CFI judgment.
1. The petitioning creditor lodged a petition for the winding-up of the company based upon the company's failure to comply with the notice which was served upon it pursuant to section 178(a) of the Companies Ordinance Cap. 32. The notice which was dated the 2nd of April, 1985 required the company to effect payment of the judgment debt it had obtained for $47,500,000 together with interest thereon. The company and various other creditors filed notices of opposition to the winding-up.