Read the full judgment text of HCCW 268/2013 on BabelCite. This High Court CFI judgment was delivered on 14 May 2014.
1. This was a petition to wind up Great Intent International Limited (“the company”) on the ground that it is unable to pay its debts. It is based on two letters from the company dated 31 July 2013 and 2 August 2013 (respectively “the 1 st Acknowledgement” and “the 2 nd Acknowledgement”) signed by its director Simon Leung (“Mr Leung”). They respectively confirmed the company’s indebtedness to the petitioner in the sums of HK$203,085 and HK$3,808,025, totalling just over $4 million. At the conclu