Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Creditors' arrangements
  • 27 Jun 2003

    RE WINFUL INTERNATIONAL (HOLDING) LTD

    Citation
    RE WINFUL INTERNATIONAL (HOLDING) LTD
    Court
    Court of First Instance
    Case number
    HCCW8/2003

    The winding-up order was rescinded because the court was satisfied that (1) arrangements had been made to pay the petitioning debt and supporting creditors, (2) the company was established to be solvent on the available audited and management accounts and the principal creditor-director confirmed he would not call his loans for the time being, and (3) the Official Receiver did not require investigation of the company's affairs.