In the matter of Fresh Express Delivery Holdings Group Co Ltd [2022] CIFsd 73 (09 September 2022)

The court found that Fresh Express Delivery Holdings Group Co Ltd was unable to pay its debts and that it was just and equitable to wind up the company.

Citation: [2022] CIFsd 73
Parties: Subject Company: Fresh Express Delivery Holdings Group Co Ltd
Jurisdiction: Cayman Islands
Judgment Date: 09 September 2022
Procedural Posture: Winding Up Petition / Judgment
Outcome: winding up order granted
Legal Topics: Winding Up, Company Insolvency

Corporate Law Insolvency Winding Up Company Insolvency

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Parties

Fresh Express Delivery Holdings Group Co Ltd

Subject Company

Procedural Posture

Winding Up Petition / Judgment

Legal Issues

1 Whether Fresh Express Delivery Holdings Group Co Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found that Fresh Express Delivery Holdings Group Co Ltd was unable to pay its debts and that it was just and equitable to wind up the company.

Court Disposition

winding up order granted

Orders

Fresh Express Delivery Holdings Group Co Ltd is to be wound up under the supervision of the court
An official liquidator is to be appointed