Read the full judgment text of HCA 012467/1998 on BabelCite. This High Court CFI judgment was delivered on 30 January 2008.
1. The Plaintiff is a wholly owned subsidiary of Asia Pacific Fund II (Fund). The Fund is a limited partnership incorporated in the Cayman Islands. Although the details have not been explained apparently this form of company can have a specified business life. In this case it was 10 years, which could be extended twice for a period of 1 year if 75% of the partners voted in favour. The duration of the Fund’s business life has been extended twice and expired on 31 December 2007. The Plaintiff