In the matter of Zamin Ferrous Ltd [2023] CIFsd 14 (23 February 2023)

The company is unable to pay its debts and is therefore liable to be wound up under the Companies Law.

Source-derived case information.

Citation: [2023] CIFsd 14
Parties: Applicant: Zamin Ferrous Ltd
Jurisdiction: Cayman Islands
Judgment Date: 23 February 2023
Procedural Posture: Company Law / Judgment
Outcome: winding up order granted
Legal Topics: Winding Up, Insolvency

Company Law Winding Up Insolvency

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Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2

Parties

Zamin Ferrous Ltd

Applicant

Procedural Posture

Company Law / Judgment

Legal Issues

1 Whether Zamin Ferrous Ltd should be wound up under the Companies Law

Ratio Decidendi

The company is unable to pay its debts and is therefore liable to be wound up under the Companies Law.

Court Disposition

winding up order granted

Orders

Zamin Ferrous Ltd is ordered to be wound up under the Companies Law

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