Read the full judgment text of HCMP 536/2012 on BabelCite. This High Court CFI judgment was delivered on 8 August 2012.
1. The applicant, Shagang Shipping Company Ltd ("Shagang"), seeks an injunction to restrain the respondent, Guofeng Enterprise Group Ltd ("Guofeng"), from presenting any petition to wind up Shagang based on the sum of US$19,611,435.26 claimed in a statutory demand dated 7 March 2012. The debt was said to be due to Guofeng under a contract of affreightment dated 25 March 2008 ("COA 3") made between Guofeng as owner and Shagang as charterer.