In the matter of Green Dragon Gas Ltd [2021] CIFsd 23 (07 April 2021)
The court found Green Dragon Gas Ltd unable to pay its debts and ordered winding-up under the Companies Law.
- Citation
- [2021] CIFsd 23
- Parties
- Subject Company: Green Dragon Gas Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 07 April 2021
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- winding-up order granted
- Legal Topics
- Winding Up, Solvency, Statutory Demand
Case Brief
Summary, issues, holding and outcome
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Parties
Green Dragon Gas Ltd
Subject Company
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Green Dragon Gas Ltd should be wound up under the Companies Law for inability to pay debts
Ratio Decidendi
The court found Green Dragon Gas Ltd unable to pay its debts and ordered winding-up under the Companies Law.
Court Disposition
winding-up order granted
Orders
- Green Dragon Gas Ltd is to be wound up under the Companies Law
Full Case Text
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