Re Multi-luck Development Ltd
Read the full judgment text of HCCW 252/2006 on BabelCite. This High Court CFI judgment was delivered on 23 October 2006.
1. This petition for winding up was presented against Multi-Luck Development Limited (“the Company”) by Hi-Watt International Enterprises Limited, based on a judgment debt of $1,256,603.59 in High Court Action No. 4305 of 2001 obtained on 22 February 2006.
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HCCW 252/2006 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMPANIES (WINDING-UP) NO. 252 OF 2006 ____________
____________ Before: Hon Kwan J in Court Date of Hearing: 23 October 2006 Date of Judgment: 23 October 2006 _______________ J U D G M E N T _______________ 1.This petition for winding up was presented against Multi-Luck Development Limited (“the Company”) by Hi-Watt International Enterprises Limited, based on a judgment debt of $1,256,603.59 in High Court Action No. 4305 of 2001 obtained on 22 February 2006. 2.The petition first came before the court in July 2006 and it was adjourned pending the outcome of the Company’s application to the Court of Appeal for leave to appeal against the judgment out of time. That application was dismissed by the Court of Appeal on 11 October 2006. The Company has indicated by its solicitors that it will no longer oppose the petition. I therefore make an order to wind up the Company. The petitioner’s costs are to be paid out of the assets of the Company.
Mr Thomas Au, instructed by Messrs Wat & Company, for the Petitioner Messrs J. Chan & Lai, for the Company, absent Ms Ada Sze, for the Official Receiver |