In the matter of Hurlston Holdings Ltd [2012] CIFsd 18 (26 March 2012)
The court found that the breakdown in relations among shareholders and loss of substratum justified winding up the company on just and equitable grounds.
- Citation
- [2012] CIFsd 18
- Parties
- Applicant: Hurlston Holdings Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 26 March 2012
- Procedural Posture
- Company Law Petition / Judgment
- Outcome
- petition granted
- Legal Topics
- Winding Up, Just and Equitable Grounds
Case Brief
Summary, issues, holding and outcome
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Parties
Hurlston Holdings Ltd
Applicant
Procedural Posture
Company Law Petition / Judgment
Legal Issues
- 1 Whether Hurlston Holdings Ltd should be wound up on just and equitable grounds
Ratio Decidendi
The court found that the breakdown in relations among shareholders and loss of substratum justified winding up the company on just and equitable grounds.
Court Disposition
petition granted
Orders
- Hurlston Holdings Ltd to be wound up on just and equitable grounds
Full Case Text
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