In the matter of INBRL Global Ltd [2017] CIFsd 25 (20 June 2017)

The court found that INBRL Global Ltd was unable to pay its debts and ordered that it be wound up.

Citation: [2017] CIFsd 25
Parties: Subject Company: INBRL Global Ltd
Jurisdiction: Cayman Islands
Judgment Date: 20 June 2017
Procedural Posture: Company Matter / Judgment
Outcome: winding up order granted
Legal Topics: Winding Up, Insolvency

Company Law Winding Up Insolvency

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Parties

INBRL Global Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

Legal Issues

1 Whether INBRL Global Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found that INBRL Global Ltd was unable to pay its debts and ordered that it be wound up.

Court Disposition

winding up order granted

Orders

INBRL Global Ltd is to be wound up by the court
Official liquidators to be appointed