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Hong Kong Case Law

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Company law VANGUARD BAGS (HK) CO (OPERATED BY SUNMOST INVESTMENTS LTD) v. CREATIVE ASIA LTD

VANGUARD BAGS (HK) CO (OPERATED BY SUNMOST INVESTMENTS LTD) v. CREATIVE ASIA LTD

The court made a winding-up order against Creative Asia Limited after finding the admitted judgment debt unpaid and refusing an adjournment sought to pursue an alleged claim.

  • Winding-up
  • Statutory demand
  • Inability to pay debts
  • Adjournment application
  • Statutory-demand
  • Insolvency
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Company law RE JINHONG ENTERPRISES LTD

RE JINHONG ENTERPRISES LTD

The Court of First Instance ordered Jinhong Enterprises Limited wound up after it failed to pay an undisputed HK$200,000 costs debt and raised no admissible defence.

  • Winding-up petition
  • Inability to pay debts
  • Statutory demand
  • Consent order
  • Admissibility of foreign law evidence
  • Winding-up-petition
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Company law RE CROWN RECORD CO LTD

RE CROWN RECORD CO LTD

The court granted a winding-up order against Crown Record Company Limited after an undisputed debt remained unpaid and the company’s alleged asset position was not substantiated.

  • Winding-up
  • Inability to pay debts
  • Shareholder dispute
  • Costs
  • Inability-to-pay-debts
  • Shareholder-dispute
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Insolvency RE CHINA STEEL DEVELOPMENT CO LTD

RE CHINA STEEL DEVELOPMENT CO LTD

The court made winding-up orders against four companies in the Asia Aluminum Group, finding each unable to pay its debts as they fell due.

  • Winding-up
  • Inability to pay debts
  • Inter-company loans
  • Acceleration of debt on default
  • Creditor petitions
  • Insolvency
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Company law RE AA INVESTMENTS CO LTD

RE AA INVESTMENTS CO LTD

The High Court made winding-up orders against four companies after finding they were unable to pay their debts and that no bona fide dispute was shown.

  • Winding-up
  • Inability to pay debts
  • Inter-company loans
  • Acceleration of debt due to event of default
  • Costs of winding-up
  • Inability-to-pay-debts
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Insolvency RE SUNCORP INDUSTRIAL LTD

RE SUNCORP INDUSTRIAL LTD

The Court of First Instance made a winding up order against Suncorp Industrial Limited after the petition debt, supporting debts, and multiple outstanding claims were shown, and no evidence came from the company.

  • Winding up
  • Inability to pay debts
  • Liquidation order
  • Costs
  • Winding-up
  • Insolvency
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Insolvency RE DEVELOPING ENGINEERING LTD

RE DEVELOPING ENGINEERING LTD

The Court of First Instance made a winding-up order against Developing Engineering Limited after unpaid Labour Tribunal awards and other employee debts showed inability to pay.

  • Winding-up petition
  • Labour tribunal award
  • Statutory demand
  • Inability to pay debts
  • Winding-up-petition
  • Unable-to-pay-debts
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Company law RE CIL HOLDINGS LTD

RE CIL HOLDINGS LTD

The Court of First Instance ordered CIL Holdings Limited wound up after finding the petitioning debt was indubitably due and rejecting defences of duress and misrepresentation.

  • Winding up
  • Inability to pay debts
  • Economic duress
  • Misrepresentation
  • Promissory notes
  • Guarantee
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Company law RE GOLDCO DEVELOPMENT LTD

RE GOLDCO DEVELOPMENT LTD

The Hong Kong Government obtained a winding-up order against Goldco Development Limited after the court accepted an undisputed debt and rejected a stay pending appeal.

  • Winding-up
  • Inability to pay debts
  • Interim payment
  • Provisional liquidators
  • Unable-to-pay-debts
  • Provisional-liquidators
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Company law RE BEIJING INVESTMENT LTD

RE BEIJING INVESTMENT LTD

The court wound up Beijing Investment Limited on a creditors’ petition, finding no certain prospect of paying an admitted judgment debt despite a claimed future commission.

  • Winding up
  • Inability to pay debts
  • Section 178 demand
  • Winding-up
  • Inability-to-pay-debts
  • Section-178-demand
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Hong Kong decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.