In the matter of Abraaj Investment Management Ltd (In Official Liquidation) [2021] CIFsd 7 (25 February 2021)
The court confirmed the continuation of the official liquidation and the powers of the liquidator as provided under the Companies Law.
- Citation
- [2021] CIFsd 7
- Parties
- Company in Official Liquidation: Abraaj Investment Management Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 25 February 2021
- Procedural Posture
- Company Liquidation / Judgment
- Outcome
- application granted
- Legal Topics
- Official Liquidation, Winding Up, Liquidator Powers
Case Brief
Summary, issues, holding and outcome
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Parties
Abraaj Investment Management Ltd
Company in Official Liquidation
Procedural Posture
Company Liquidation / Judgment
Legal Issues
- 1 whether the company should remain in official liquidation
- 2 scope of liquidator's powers
Ratio Decidendi
The court confirmed the continuation of the official liquidation and the powers of the liquidator as provided under the Companies Law.
Court Disposition
application granted
Orders
- official liquidation to continue
- liquidator's powers confirmed
Full Case Text
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