Read the full judgment text of HCCW 000351/2007 on BabelCite. This High Court CFI judgment was delivered on 12 March 2008.
1. This is the trial of a winding-up petition against Kinston Entertainment (HK) Limited (“the Company”). The petition was presented by Mr Sanford Yung-tao Yung on 7 August 2007. The petition was based on a debt of HK$3.56 million due pursuant to a loan agreement relating to a loan of HK$3 million which Mr Yung says was made by him to the Company in March 2006. A statutory demand was served on 3 October 2006, but after service of the statutory demand, only limited part repayments of the loan
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