In the matter of Star International Drilling Ltd [2022] CIFsd 69 (24 August 2022)
The court found that Star International Drilling Ltd was unable to pay its debts and ordered that it be wound up in accordance with the Companies Law.
- Citation
- [2022] CIFsd 69
- Parties
- Subject Company: Star International Drilling Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 24 August 2022
- Procedural Posture
- Company Matter / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Liquidation
Case Brief
Summary, issues, holding and outcome
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Parties
Star International Drilling Ltd
Subject Company
Procedural Posture
Company Matter / Judgment
Legal Issues
- 1 Whether Star International Drilling Ltd should be wound up under the Companies Law
Ratio Decidendi
The court found that Star International Drilling Ltd was unable to pay its debts and ordered that it be wound up in accordance with the Companies Law.
Court Disposition
winding up order granted
Orders
- Star International Drilling Ltd is to be wound up by the court
Full Case Text
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