In the matter of Cybernauth Growth Fund Ltd [2013] CIFsd 24 (23 July 2013)

In the matter of Cybernauth Growth Fund Ltd [2013] CIFsd 24 (23 July 2013)

The court found that Cybernauth Growth Fund Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Citation
[2013] CIFsd 24
Parties
Applicant: Cybernauth Growth Fund Ltd
Jurisdiction
Cayman Islands
Judgment Date
23 July 2013
Procedural Posture
Company Winding Up Petition / Judgment
Outcome
petition granted
Legal Topics
Winding Up, Insolvency

Case Brief

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Parties

Cybernauth Growth Fund Ltd

Applicant

Procedural Posture

Company Winding Up Petition / Judgment

  1. 1 Whether Cybernauth Growth Fund Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found that Cybernauth Growth Fund Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Court Disposition

petition granted

Orders

  • Cybernauth Growth Fund Ltd is ordered to be wound up