In the matter of Oriente Group Limited [2022] CIFsd 96 (08 December 2022)

The company is insolvent and unable to pay its debts; winding-up is justified under the Companies Act.

Source-derived case information.

Citation: [2022] CIFsd 96
Parties: Applicant: Oriente Group Limited
Jurisdiction: Cayman Islands
Judgment Date: 08 December 2022
Procedural Posture: Company Winding Up / Judgment
Outcome: winding-up order granted
Legal Topics: Winding Up, Corporate Insolvency

Company Law Insolvency Winding Up Corporate Insolvency

Source-derived case record

Summary, issues, holding and outcome

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Parties

Oriente Group Limited

Applicant

Procedural Posture

Company Winding Up / Judgment

Legal Issues

1 Whether Oriente Group Limited should be wound up under the Companies Act

Ratio Decidendi

The company is insolvent and unable to pay its debts; winding-up is justified under the Companies Act.

Court Disposition

winding-up order granted

Orders

Oriente Group Limited is to be wound up under the Companies Act

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