In the matter of Xiaodu Life Technology Ltd [2021] CIFsd 28 (28 April 2021)

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

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Parties

Xiaodu Life Technology Ltd

Respondent

Procedural Posture

Company Law / Judgment

  1. 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