In the matter of Altair Asia Investments Ltd [2020] CIFsd 43 (11 September 2020)
The court found that Altair Asia Investments Ltd was unable to pay its debts and ordered that it be wound up.
- Citation
- [2020] CIFsd 43
- Parties
- Subject Company: Altair Asia Investments Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 11 September 2020
- Procedural Posture
- Company Matter / Judgment
- Outcome
- petition granted
- Legal Topics
- Winding Up, Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
Altair Asia Investments Ltd
Subject Company
Procedural Posture
Company Matter / Judgment
Legal Issues
- 1 Whether Altair Asia Investments Ltd should be wound up
Ratio Decidendi
The court found that Altair Asia Investments Ltd was unable to pay its debts and ordered that it be wound up.
Court Disposition
petition granted
Orders
- Altair Asia Investments Ltd is to be wound up
Full Case Text
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