In the matter of Sphinx Group of Companies (In Official Liquidation) [2011] CIFsd 9 (08 March 2011)
The court found that the Sphinx Group of Companies was unable to pay its debts and satisfied the statutory grounds for official liquidation.
- Citation
- [2011] CIFsd 9
- Parties
- Subject Company: Sphinx Group of Companies (In Official Liquidation)
- Jurisdiction
- Cayman Islands
- Judgment Date
- 08 March 2011
- Procedural Posture
- Company Liquidation / Judgment
- Outcome
- order for official liquidation granted
- Legal Topics
- Official Liquidation, Winding Up of Companies
Case Brief
Summary, issues, holding and outcome
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Parties
Sphinx Group of Companies (In Official Liquidation)
Subject Company
Procedural Posture
Company Liquidation / Judgment
Legal Issues
- 1 whether the Sphinx Group of Companies should be wound up under official liquidation
Ratio Decidendi
The court found that the Sphinx Group of Companies was unable to pay its debts and satisfied the statutory grounds for official liquidation.
Court Disposition
order for official liquidation granted
Orders
- The Sphinx Group of Companies is placed into official liquidation.
Full Case Text
Judgment text and source record
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