Read the full judgment text of HCCW 193/2011 on BabelCite. This High Court CFI judgment was delivered on 4 June 2012.
1. Before me is the substantive hearing of a winding-up petition against Nam Tai Trading Company Ltd (“the Company”) presented by the Commissioner of Inland Revenue on 10 June 2011. The main ground relied on is the Company’s inability to pay outstanding judgment debts which exceed HK$41.6 million in aggregate, plus post-judgment interest. This followed a statutory demand served by the petitioner for the judgment debts on 29 March 2011. Alternatively, the petitioner relies on the ground that
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