In the matter of Mayer Holdings Ltd [2014] CIFsd 34 (07 November 2014)

The court found that the breakdown in relations among shareholders and loss of substratum justified winding up the company on just and equitable grounds.

Source-derived case information.

Citation: [2014] CIFsd 34
Parties: Applicant: Mayer Holdings Ltd
Jurisdiction: Cayman Islands
Judgment Date: 07 November 2014
Procedural Posture: Company Law Petition / Judgment
Outcome: petition granted
Legal Topics: Winding Up, Just and Equitable Grounds

Company Law Winding Up Just and Equitable Grounds

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Parties

Mayer Holdings Ltd

Applicant

Procedural Posture

Company Law Petition / Judgment

Legal Issues

1 Whether Mayer 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

Mayer Holdings Ltd to be wound up

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