In the matter of Caledonian Bank Ltd (In Voluntary Liquidation) [2015] CIFsd 2 (12 February 2015)
The court held that the requirements for voluntary liquidation under the Companies Law were satisfied and granted the application.
- Citation
- [2015] CIFsd 2
- Parties
- Applicant: Caledonian Bank Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 12 February 2015
- Procedural Posture
- Insolvency Proceedings / Application in Voluntary Liquidation
- Outcome
- Application granted
- Legal Topics
- Voluntary Liquidation, Winding Up of Banks
Case Brief
Summary, issues, holding and outcome
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Parties
Caledonian Bank Ltd
Applicant
Procedural Posture
Insolvency Proceedings / Application in Voluntary Liquidation
Legal Issues
- 1 Whether Caledonian Bank Ltd should be wound up in voluntary liquidation
Ratio Decidendi
The court held that the requirements for voluntary liquidation under the Companies Law were satisfied and granted the application.
Court Disposition
Application granted
Orders
- Caledonian Bank Ltd is to be wound up in voluntary liquidation
Full Case Text
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