In the matter of Bestway Global Holding Inc [2021] CIFsd 64 (07 October 2021)
The court held that the petitioner failed to establish standing as a contributory and that the evidence did not support a just and equitable winding up.
- Citation
- [2021] CIFsd 64
- Parties
- Subject Company: Bestway Global Holding Inc
- Jurisdiction
- Cayman Islands
- Judgment Date
- 07 October 2021
- Procedural Posture
- Company Matter / Judgment
- Outcome
- petition dismissed
- Legal Topics
- Winding Up, Shareholder Rights
Case Brief
Summary, issues, holding and outcome
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Parties
Bestway Global Holding Inc
Subject Company
Procedural Posture
Company Matter / Judgment
Legal Issues
- 1 Whether the company should be wound up
- 2 Whether the petitioner has standing
Ratio Decidendi
The court held that the petitioner failed to establish standing as a contributory and that the evidence did not support a just and equitable winding up.
Court Disposition
petition dismissed
Orders
- Petition dismissed
- No order as to costs
Full Case Text
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