In the matter of 58.Com Inc. [2022] CIFsd 19 (08 March 2022)
The Court held that the breakdown in relations and loss of substratum justified winding up the company on just and equitable grounds.
- Citation
- [2022] CIFsd 19
- Parties
- Applicant: 58. Com Inc.
- Jurisdiction
- Cayman Islands
- Judgment Date
- 08 March 2022
- Procedural Posture
- Company Law Petition / Judgment
- Outcome
- petition granted
- Legal Topics
- Winding Up, Just and Equitable Grounds
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Parties
58. Com Inc.
Applicant
Procedural Posture
Company Law Petition / Judgment
Legal Issues
- 1 Whether 58. Com Inc. should be wound up on just and equitable grounds
Ratio Decidendi
The Court held that the breakdown in relations and loss of substratum justified winding up the company on just and equitable grounds.
Court Disposition
petition granted
Orders
- 58. Com Inc. is to be wound up on just and equitable grounds
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment