In the matter of Star International Drilling Ltd [2022] CIFsd 69 (24 August 2022)

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

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Parties

Star International Drilling Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

  1. 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