9 Dec 2002
RE ZHONG QUAN CHEUK KEI ENGINEERING CO. LTD.
- Citation
- RE ZHONG QUAN CHEUK KEI ENGINEERING CO. LTD.
- Court
- Court of First Instance
- Case number
- HCCW851/2002
Because the debt was undisputed and the statutory demand had been served, and because the company failed to secure a practicable settlement despite opportunities while the expected performance bond was insufficient to cover admitted debts, the court was obliged to make a winding-up order.