In the matter of Madera Technology Fund (CI) Ltd [2022] CIFsd 36 (04 May 2022)
The court found that Madera Technology Fund (CI) Ltd was unable to pay its debts and ordered its winding up under the Companies Act.
- Citation
- [2022] CIFsd 36
- Parties
- Subject Company: Madera Technology Fund (CI) Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 04 May 2022
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Solvency, Fund Management
Case Brief
Summary, issues, holding and outcome
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Parties
Madera Technology Fund (CI) Ltd
Subject Company
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Madera Technology Fund (CI) Ltd should be wound up under the Companies Act
Ratio Decidendi
The court found that Madera Technology Fund (CI) Ltd was unable to pay its debts and ordered its winding up under the Companies Act.
Court Disposition
winding up order granted
Orders
- Madera Technology Fund (CI) Ltd is to be wound up under the Companies Act
Full Case Text
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