In the matter of Torchlight Fund LP [2016] CIFsd 3 (09 February 2016)
The court held that the applicant had established grounds for winding up the partnership under the Companies Law on a just and equitable basis.
- Citation
- [2016] CIFsd 3
- Parties
- Applicant: Torchlight Fund LP
- Jurisdiction
- Cayman Islands
- Judgment Date
- 09 February 2016
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- Petition granted
- Legal Topics
- Winding Up, Partnerships, Funds
Case Brief
Summary, issues, holding and outcome
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Parties
Torchlight Fund LP
Applicant
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Torchlight Fund LP should be wound up under the Companies Law
Ratio Decidendi
The court held that the applicant had established grounds for winding up the partnership under the Companies Law on a just and equitable basis.
Court Disposition
Petition granted
Orders
- Torchlight Fund LP is to be wound up under the supervision of the court
Full Case Text
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