In the matter of Xiaodu Life Technology Ltd [2021] CIFsd 28 (28 April 2021)
The court found that the breakdown in relationship and loss of confidence justified winding up the company on just and equitable grounds.
- Citation
- [2021] CIFsd 28
- Parties
- Respondent: Xiaodu Life Technology Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 28 April 2021
- Procedural Posture
- Company Law / Judgment
- Outcome
- petition granted
- Legal Topics
- Winding Up, Just and Equitable Grounds
Case Brief
Summary, issues, holding and outcome
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Parties
Xiaodu Life Technology Ltd
Respondent
Procedural Posture
Company Law / Judgment
Legal Issues
- 1 Whether Xiaodu Life Technology Ltd should be wound up on just and equitable grounds
Ratio Decidendi
The court found that the breakdown in relationship and loss of confidence justified winding up the company on just and equitable grounds.
Court Disposition
petition granted
Orders
- Xiaodu Life Technology Ltd to be wound up
Full Case Text
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