In the matter of Green Dragon Gas Ltd [2021] CIFsd 23 (07 April 2021)

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

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Parties

Green Dragon Gas Ltd

Subject Company

Procedural Posture

Winding Up Petition / Judgment

  1. 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