Read the full judgment text of HCCW 000908/2005 on BabelCite. This High Court CFI judgment was delivered on 5 October 2007.
1. This was the trial of a creditor’s winding up petition presented by Right Star Investment Company Limited (“Right Star”) against Grand Palace Limited (“Grand Palace”). According to Right Star’s petition, Grand Palace is indebted to it in the sum of HK$5,977,974.60 in respect of arrears of rental said to be due to Right Star under three tenancy agreements between itself and Grand Palace. On 17 October 2005, Right Star served a statutory demand in respect of the debt. The statutory demand ha