Read the full judgment text of HCCW 279/2010 on BabelCite. This High Court CFI judgment was delivered on 1 September 2011.
1. On 28 June 2010 the Petitioner issued a petition to wind up the 5 th Respondent (“Company”) pursuant to section 177(1)(f) of the Companies Ordinance on the grounds that there had been a break down in trust and confidence between the Petitioner and the 1 st to 4 th Respondents, the latter’s conduct of the affairs of the Company had been seriously improper and that it was just and equitable to wind up the Company.
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