In the matter of SRT Capital SPC Ltd [2013] CIFsd 44 (22 November 2013)

The court found that SRT Capital SPC Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Citation: [2013] CIFsd 44
Parties: Applicant: SRT Capital SPC Ltd
Jurisdiction: Cayman Islands
Judgment Date: 22 November 2013
Procedural Posture: Company Matter / Final Judgment
Outcome: company ordered to be wound up
Legal Topics: Winding Up, Solvency, Financial Services

Company Law Winding Up Solvency Financial Services

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Parties

SRT Capital SPC Ltd

Applicant

Procedural Posture

Company Matter / Final Judgment

Legal Issues

1 whether SRT Capital SPC Ltd should be wound up
2 whether the company is insolvent

Ratio Decidendi

The court found that SRT Capital SPC Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Court Disposition

company ordered to be wound up

Orders

SRT Capital SPC Ltd is to be wound up under the Companies Law