In the matter of Natural Dairy (NZ) Holdings Ltd [2017] CIFsd 10 (02 March 2017)

The company is insolvent and unable to pay its debts; therefore, it is appropriate to make a winding up order.

Source-derived case information.

Citation: [2017] CIFsd 10
Parties: Applicant: Natural Dairy (NZ) Holdings Ltd
Jurisdiction: Cayman Islands
Judgment Date: 02 March 2017
Procedural Posture: Company Law / Judgment
Outcome: winding up order granted
Legal Topics: Winding Up, Insolvency, Corporate Governance

Company Law Winding Up Insolvency Corporate Governance

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Summary, issues, holding and outcome

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Parties

Natural Dairy (NZ) Holdings Ltd

Applicant

Procedural Posture

Company Law / Judgment

Legal Issues

1 Whether Natural Dairy (NZ) Holdings Ltd should be wound up under the Companies Law

Ratio Decidendi

The company is insolvent and unable to pay its debts; therefore, it is appropriate to make a winding up order.

Court Disposition

winding up order granted

Orders

Natural Dairy (NZ) Holdings Ltd is to be wound up under the Companies Law

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