In the matter of Saad Cayman Ltd & Ors (In offcial Liquidation) [2011] CIFsd 20 (01 June 2011)

The court determined that the companies met the criteria for official liquidation under the relevant statutory provisions.

Source-derived case information.

Citation: [2011] CIFsd 20
Parties: Applicant: Saad Cayman Ltd; Applicant: Others
Jurisdiction: Cayman Islands
Judgment Date: 01 June 2011
Procedural Posture: Company Liquidation / Final Judgment
Outcome: companies ordered into official liquidation
Legal Topics: Official Liquidation, Winding Up

Insolvency Company Law Official Liquidation Winding Up

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Summary, issues, holding and outcome

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Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2

Parties

Saad Cayman Ltd

Applicant

Others

Applicant

Procedural Posture

Company Liquidation / Final Judgment

Legal Issues

1 whether Saad Cayman Ltd and others should be wound up in official liquidation

Ratio Decidendi

The court determined that the companies met the criteria for official liquidation under the relevant statutory provisions.

Court Disposition

companies ordered into official liquidation

Orders

Saad Cayman Ltd and associated entities are placed in official liquidation

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