Read the full judgment text of HCCW 1139/2004 on BabelCite. This High Court CFI judgment was delivered on 8 June 2006.
1. This is a hearing of the petition presented by Morgan Stanley Emerging Markets Inc (“MSEMI”) to wind up Legend International Resorts Limited (“the Company”) on 2 November 2004. Two grounds are relied on in the petition - the Company is unable to pay its debts (under section 177(1)(d) of the Companies Ordinance, Cap. 32) and that it is just and equitable that the Company be wound up (section 177(1)(f)).
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