Read the full judgment text of HCCW 1178/2004 on BabelCite. This High Court CFI judgment was delivered on 14 July 2005.
1. This is a summons to strike out a creditor’s petition for winding up. The company in question is Landune International Limited (“the Company”), it is a listed company, formerly known as Singapore Hong Kong Properties Investment Limited. The petitioner, Cheung Chung Leung Richard, was a former director of the Company. He petitioned for its winding up on the basis of the non-payment of a debt of HK$1,177,500.00 due to him under a settlement agreement he reached with the Company dated 4 June 200
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