In the matter of Xingxuan Technology Ltd - Judgment (costs) [2023] CIFsd 67 (28 August 2023)

The applicant is entitled to costs as the successful party in the winding up proceedings; no special circumstances justify departure from the usual rule.

Citation: [2023] CIFsd 67
Parties: Respondent: Xingxuan Technology Ltd
Jurisdiction: Cayman Islands
Judgment Date: 28 August 2023
Procedural Posture: Company Law / Costs Judgment
Outcome: costs awarded to applicant
Legal Topics: Costs Determination, Winding Up Proceedings

Company Law Costs Costs Determination Winding Up Proceedings

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Parties

Xingxuan Technology Ltd

Respondent

Procedural Posture

Company Law / Costs Judgment

Legal Issues

1 Entitlement to costs following winding up proceedings

Ratio Decidendi

The applicant is entitled to costs as the successful party in the winding up proceedings; no special circumstances justify departure from the usual rule.

Court Disposition

costs awarded to applicant

Orders

Respondent to pay applicant's costs of the proceedings