In the Matter of Herald Fund SPC - Ruling [2024] CIFSd 68 (04 June 2024)

The court found that the statutory grounds for winding up were satisfied and it was just and equitable to make the order.

Source-derived case information.

Citation: [2024] CIFSd 68
Parties: Applicant: Herald Fund SPC
Jurisdiction: Cayman Islands
Judgment Date: 04 June 2024
Procedural Posture: Company Law / Insolvency / Ruling
Outcome: petition granted
Legal Topics: Winding Up, Funds, Liquidation

Company Law Insolvency Winding Up Funds Liquidation

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Parties

Herald Fund SPC

Applicant

Procedural Posture

Company Law / Insolvency / Ruling

Legal Issues

1 Whether Herald Fund SPC should be wound up under the Companies Law

Ratio Decidendi

The court found that the statutory grounds for winding up were satisfied and it was just and equitable to make the order.

Court Disposition

petition granted

Orders

Herald Fund SPC is to be wound up in accordance with the Companies Law.

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