In the matter of Peregrine Derivatives Ltd [2013] CIFsd 26 (09 August 2013)

The company is insolvent and unable to pay its debts; winding up is appropriate.

Source-derived case information.

Citation: [2013] CIFsd 26
Parties: Applicant: Peregrine Derivatives Ltd
Jurisdiction: Cayman Islands
Judgment Date: 09 August 2013
Procedural Posture: Company Matter / Judgment
Outcome: company ordered to be wound up
Legal Topics: Winding Up, Insolvency

Company Law Winding Up Insolvency

Source-derived case record

Summary, issues, holding and outcome

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Parties

Peregrine Derivatives Ltd

Applicant

Procedural Posture

Company Matter / Judgment

Legal Issues

1 whether Peregrine Derivatives Ltd should be wound up

Ratio Decidendi

The company is insolvent and unable to pay its debts; winding up is appropriate.

Court Disposition

company ordered to be wound up

Orders

company to be wound up under the supervision of the court

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