In the matter of Fortune Nest Corporation [2013] CIFsd 3 (05 February 2013)
The court found that the statutory grounds for winding up were satisfied and ordered the winding up of Fortune Nest Corporation.
- Citation
- [2013] CIFsd 3
- Parties
- Subject Company: Fortune Nest Corporation
- Jurisdiction
- Cayman Islands
- Judgment Date
- 05 February 2013
- Procedural Posture
- Corporate Insolvency / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Liquidation
Case Brief
Summary, issues, holding and outcome
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Parties
Fortune Nest Corporation
Subject Company
Procedural Posture
Corporate Insolvency / Judgment
Legal Issues
- 1 Whether Fortune Nest Corporation should be wound up under the Companies Law
Ratio Decidendi
The court found that the statutory grounds for winding up were satisfied and ordered the winding up of Fortune Nest Corporation.
Court Disposition
winding up order granted
Orders
- Fortune Nest Corporation is to be wound up by the court
Full Case Text
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