In matter of Ambow Education Holding Ltd [2014] CIFsd 22 (15 July 2014)

The court found sufficient grounds for the appointment of provisional liquidators to preserve the assets of Ambow Education Holding Ltd pending the hearing of the winding up petition.

Citation: [2014] CIFsd 22
Parties: Subject Company: Ambow Education Holding Ltd
Jurisdiction: Cayman Islands
Judgment Date: 15 July 2014
Procedural Posture: Company Matter / Judgment
Outcome: provisional liquidators appointed
Legal Topics: Winding Up, Provisional Liquidation

Corporate Law Insolvency Winding Up Provisional Liquidation

Case Brief

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Parties

Ambow Education Holding Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

Legal Issues

1 Whether Ambow Education Holding Ltd should be wound up
2 Whether provisional liquidators should be appointed

Ratio Decidendi

The court found sufficient grounds for the appointment of provisional liquidators to preserve the assets of Ambow Education Holding Ltd pending the hearing of the winding up petition.

Court Disposition

provisional liquidators appointed

Orders

Provisional liquidators appointed over Ambow Education Holding Ltd
Assets to be preserved pending further order of the court