Read the full judgment text of HCCW 408/2012 on BabelCite. This High Court CFI judgment was delivered on 16 May 2013.
1. This was a petition dated 9 November 2012 filed by Westford Trading Services Ltd (“the petitioner”) for the winding up of Normet Industries Limited (“the company”) based on the company’s inability to pay its debts pursuant to section 177(1)(d) of the Companies Ordinance, Cap 32 (“the Ordinance”). At the conclusion of the hearing judgment was reserved which I now give.