In the matter of Adamas Asia Strategic Opportunity Fund Ltd [2019] CIFsd 37 (23 July 2019)
The Court held that the applicant had not established sufficient grounds for winding up the company on a just and equitable basis.
- Citation
- [2019] CIFsd 37
- Parties
- Subject Company: Adamas Asia Strategic Opportunity Fund Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 23 July 2019
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- petition dismissed
- Legal Topics
- Winding Up, Just and Equitable Grounds
Case Brief
Summary, issues, holding and outcome
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Parties
Adamas Asia Strategic Opportunity Fund Ltd
Subject Company
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Adamas Asia Strategic Opportunity Fund Ltd should be wound up on just and equitable grounds
Ratio Decidendi
The Court held that the applicant had not established sufficient grounds for winding up the company on a just and equitable basis.
Court Disposition
petition dismissed
Orders
- The winding up petition is dismissed.
Full Case Text
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