In the matter of Lung Ming Co Ltd [2020] CIFsd 18 (27 May 2020)
The court found Lung Ming Co Ltd unable to pay its debts and ordered winding up under the Companies Law.
- Citation
- [2020] CIFsd 18
- Parties
- Applicant: Lung Ming Co Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 27 May 2020
- Procedural Posture
- Company Law / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
Lung Ming Co Ltd
Applicant
Procedural Posture
Company Law / Judgment
Legal Issues
- 1 Whether Lung Ming Co Ltd should be wound up under the Companies Law
Ratio Decidendi
The court found Lung Ming Co Ltd unable to pay its debts and ordered winding up under the Companies Law.
Court Disposition
winding up order granted
Orders
- Lung Ming Co Ltd is to be wound up under the Companies Law
Full Case Text
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