In the matter of Orchid Development Croup Ltd [2012] CIFsd 57 (21 December 2012)

In the matter of Orchid Development Croup Ltd [2012] CIFsd 57 (21 December 2012)

The court determined that Orchid Development Group Ltd should be wound up due to insolvency.

Citation
[2012] CIFsd 57
Parties
Subject Company: Orchid Development Group Ltd
Jurisdiction
Cayman Islands
Judgment Date
21 December 2012
Procedural Posture
Company Matter / Judgment
Outcome
winding up order granted
Legal Topics
Winding Up, Insolvency

Case Brief

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Parties

Orchid Development Group Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

  1. 1 Whether Orchid Development Group Ltd should be wound up

Ratio Decidendi

The court determined that Orchid Development Group Ltd should be wound up due to insolvency.

Court Disposition

winding up order granted

Orders

  • Orchid Development Group Ltd is to be wound up