In the matter of Aubit International - Ex Tempore Judgment [2023] CIFsd 94 (16 October 2023)

The company was found to be insolvent or unable to pay its debts, justifying the winding up and appointment of liquidators.

Citation: [2023] CIFsd 94
Parties: Subject Entity: Aubit International
Jurisdiction: Cayman Islands
Judgment Date: 16 October 2023
Procedural Posture: Company Matter / Ex Tempore Judgment
Outcome: petition granted
Legal Topics: Winding Up, Liquidation, Appointment of Liquidators

Corporate Law Insolvency Winding Up Liquidation Appointment of Liquidators

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2

Sign in to unlock

Parties

Aubit International

Subject Entity

Procedural Posture

Company Matter / Ex Tempore Judgment

Legal Issues

1 Whether Aubit International should be wound up and liquidators appointed

Ratio Decidendi

The company was found to be insolvent or unable to pay its debts, justifying the winding up and appointment of liquidators.

Court Disposition

petition granted

Orders

Aubit International is wound up.
Joint official liquidators are appointed.