In the matter of Trident Microsystems (Far East) Ltd [2012] CIFsd 23 (20 April 2012)

In the matter of Trident Microsystems (Far East) Ltd [2012] CIFsd 23 (20 April 2012)

The court found that Trident Microsystems (Far East) Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Citation
[2012] CIFsd 23
Parties
Applicant: Trident Microsystems (Far East) Ltd
Jurisdiction
Cayman Islands
Judgment Date
20 April 2012
Procedural Posture
Winding Up Petition / Judgment
Outcome
petition granted
Legal Topics
Winding Up, Corporate Insolvency

Case Brief

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Parties

Trident Microsystems (Far East) Ltd

Applicant

Procedural Posture

Winding Up Petition / Judgment

  1. 1 Whether Trident Microsystems (Far East) Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found that Trident Microsystems (Far East) Ltd was unable to pay its debts and ordered its winding up under the Companies Law.

Court Disposition

petition granted

Orders

  • Trident Microsystems (Far East) Ltd is ordered to be wound up