In the matter of China Agrotech Holdings Ltd [2019] CIFsd 36 (22 July 2019)
The court found that China Agrotech Holdings Ltd was unable to pay its debts and that it was just and equitable to wind up the company.
- Citation
- [2019] CIFsd 36
- Parties
- Subject Company: China Agrotech Holdings Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 22 July 2019
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- Winding up order granted
- Legal Topics
- Winding Up, Liquidation, Corporate Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
China Agrotech Holdings Ltd
Subject Company
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether China Agrotech Holdings Ltd should be wound up under the Companies Law
Ratio Decidendi
The court found that China Agrotech Holdings Ltd was unable to pay its debts and that it was just and equitable to wind up the company.
Court Disposition
Winding up order granted
Orders
- China Agrotech Holdings Ltd is ordered to be wound up under the supervision of the court
Full Case Text
Judgment text and source record
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