In the matter of China Shanshui Cement Group Ltd [2015] CIFsd 38 (25 November 2015)

The court determined that the statutory demand was valid and the company had not paid the debt or otherwise disputed it on substantial grounds, justifying the making of a winding up order.

Citation: [2015] CIFsd 38
Parties: Subject Company: China Shanshui Cement Group Ltd
Jurisdiction: Cayman Islands
Judgment Date: 25 November 2015
Procedural Posture: Company Matter / Judgment
Outcome: winding up order granted
Legal Topics: Winding Up, Statutory Demand, Creditor's Petition

Company Law Insolvency Winding Up Statutory Demand Creditor's Petition

Case Brief

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Parties

China Shanshui Cement Group Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

Legal Issues

1 Whether a winding up order should be made against China Shanshui Cement Group Ltd on the basis of a statutory demand

Ratio Decidendi

The court determined that the statutory demand was valid and the company had not paid the debt or otherwise disputed it on substantial grounds, justifying the making of a winding up order.

Court Disposition

winding up order granted

Orders

China Shanshui Cement Group Ltd is to be wound up in accordance with the Companies Law