In the matter of Green Dragon Gas Ltd [2021] CIFsd 58 (23 September 2021)

In the matter of Green Dragon Gas Ltd [2021] CIFsd 58 (23 September 2021)

The court found Green Dragon Gas Ltd unable to pay its debts and ordered its winding up under the Companies Law.

Citation
[2021] CIFsd 58
Parties
Subject Company: Green Dragon Gas Ltd
Jurisdiction
Cayman Islands
Judgment Date
23 September 2021
Procedural Posture
Company Matter / Judgment
Outcome
winding up order granted
Legal Topics
Winding Up, Insolvency

Case Brief

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Parties

Green Dragon Gas Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

  1. 1 Whether Green Dragon Gas Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found Green Dragon Gas Ltd unable to pay its debts and ordered its winding up under the Companies Law.

Court Disposition

winding up order granted

Orders

  • Green Dragon Gas Ltd is to be wound up under the Companies Law