In the matter of Skye Assets Fund SPC (In Voluntary Liquidation) [2021] CIFsd 39 (30 June 2021)

The court confirmed that the voluntary liquidation of Skye Assets Fund SPC should proceed in accordance with the statutory framework provided by the Companies Law.

Citation: [2021] CIFsd 39
Parties: Applicant: Skye Assets Fund SPC
Jurisdiction: Cayman Islands
Judgment Date: 30 June 2021
Procedural Posture: Company Winding Up / Voluntary Liquidation
Outcome: Application granted
Legal Topics: Voluntary Liquidation, Winding Up of Companies

Insolvency Company Law Voluntary Liquidation Winding Up of Companies

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Parties

Skye Assets Fund SPC

Applicant

Procedural Posture

Company Winding Up / Voluntary Liquidation

Legal Issues

1 Whether the voluntary liquidation of Skye Assets Fund SPC should proceed in accordance with the Companies Law

Ratio Decidendi

The court confirmed that the voluntary liquidation of Skye Assets Fund SPC should proceed in accordance with the statutory framework provided by the Companies Law.

Court Disposition

Application granted

Orders

The voluntary liquidation of Skye Assets Fund SPC is confirmed to proceed under the Companies Law.