In the matter of Madison Niche Assets Funds Ltd ( In Liquidation) [2017] CIFsd 46 (25 October 2017)
The court found that Madison Niche Assets Funds Ltd was insolvent and ordered its winding-up under the Companies Law.
- Citation
- [2017] CIFsd 46
- Parties
- Applicant: Madison Niche Assets Funds Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 25 October 2017
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- winding-up order granted
- Legal Topics
- Liquidation, Winding Up, Funds
Case Brief
Summary, issues, holding and outcome
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Parties
Madison Niche Assets Funds Ltd
Applicant
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Madison Niche Assets Funds Ltd should be wound up
- 2 Whether the company is insolvent
Ratio Decidendi
The court found that Madison Niche Assets Funds Ltd was insolvent and ordered its winding-up under the Companies Law.
Court Disposition
winding-up order granted
Orders
- Madison Niche Assets Funds Ltd is to be wound up in accordance with the Companies Law
Full Case Text
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