In the matter of China Milk Products Group Ltd [2011] CIFsd 29 (22 July 2011)

In the matter of China Milk Products Group Ltd [2011] CIFsd 29 (22 July 2011)

The court found that China Milk Products Group Ltd was unable to pay its debts and that the statutory grounds for winding up were satisfied.

Citation
[2011] CIFsd 29
Parties
Subject Company: China Milk Products Group Ltd
Jurisdiction
Cayman Islands
Judgment Date
22 July 2011
Procedural Posture
Corporate Insolvency / Judgment
Outcome
winding up order granted
Legal Topics
Winding Up, Liquidation, Creditor Protection

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

China Milk Products Group Ltd

Subject Company

Procedural Posture

Corporate Insolvency / Judgment

  1. 1 Whether China Milk Products Group Ltd should be wound up under insolvency proceedings

Ratio Decidendi

The court found that China Milk Products Group Ltd was unable to pay its debts and that the statutory grounds for winding up were satisfied.

Court Disposition

winding up order granted

Orders

  • China Milk Products Group Ltd is to be wound up under the supervision of the court