In the matter of Trident Microsystems (Far East Ltd) [2012] CIFsd 34 (19 June 2012)
The company is unable to pay its debts and is therefore liable to be wound up under the Companies Law.
- Citation
- [2012] CIFsd 34
- Parties
- Applicant: Trident Microsystems (Far East Ltd)
- Jurisdiction
- Cayman Islands
- Judgment Date
- 19 June 2012
- Procedural Posture
- Company Law / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
Trident Microsystems (Far East Ltd)
Applicant
Procedural Posture
Company Law / Judgment
Legal Issues
- 1 Whether Trident Microsystems (Far East Ltd) should be wound up under the Companies Law
Ratio Decidendi
The company is unable to pay its debts and is therefore liable to be wound up under the Companies Law.
Court Disposition
winding up order granted
Orders
- The company is ordered to be wound up.
Full Case Text
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