In the matter of Belmont Asset Based Lending Ltd (in Liquidation) [2011] CIFsd 45 (19 December 2011)
The court found that Belmont Asset Based Lending Ltd was insolvent and ordered its winding up.
- Citation
- [2011] CIFsd 45
- Parties
- Applicant: Belmont Asset Based Lending Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 19 December 2011
- Procedural Posture
- Winding Up Petition / Final Judgment
- Outcome
- company wound up
- Legal Topics
- Liquidation, Asset Based Lending
Case Brief
Summary, issues, holding and outcome
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Parties
Belmont Asset Based Lending Ltd
Applicant
Procedural Posture
Winding Up Petition / Final Judgment
Legal Issues
- 1 whether Belmont Asset Based Lending Ltd should be wound up
Ratio Decidendi
The court found that Belmont Asset Based Lending Ltd was insolvent and ordered its winding up.
Court Disposition
company wound up
Orders
- Belmont Asset Based Lending Ltd is ordered to be wound up
Full Case Text
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