24 Sept 2007
The statutory demand based on the Labour Tribunal award was properly served and not complied with, the debt was established and unopposed, and the Company failed to file evidence or obtain leave for representation; accordingly the court made a winding-up order and directed that the petitioner's costs be paid out of the Company's assets.
13 Aug 2007
The court ordered the company to be wound up because the Labour Tribunal award and other unpaid employee debts, combined with a served demand and the dismissal of the company's appeal, demonstrated inability to pay debts and justified a winding-up order.
24 Jul 2006
The court held there was no abuse of process in presenting the petition, no valid basis was shown to set aside the Labour Tribunal award, and no useful purpose would be served by adjourning for the Company to file evidence; consequently the Company was ordered to be wound up and the petitioner’s costs were to be paid out of the Company’s assets.
13 Dec 2004
The court ordered winding up because a debt evidenced by a Labour Tribunal award remained unpaid after demand and after adjournments and warnings, and the company failed to appear and pay the reduced award, thus meeting the statutory ground for compulsory winding up under the Companies Ordinance.
13 Sept 2004
The Court found the petitioning debt to be undisputed, the company unable to satisfy its debts given insufficient realization on execution and failure to raise funds, and therefore made a winding-up order; petitioner's costs were ordered to be paid out of the company's assets.
10 Nov 2003
Because the petitioning debt was supported by an undisputed Labour Tribunal award and the company was unable to pay and filed no evidence in opposition while its director lacked leave to represent it, the court was obliged to order the company wound up and to order costs to be paid out of the company's assets.
22 Sept 2003
Because the petition debt was undisputed and the company withdrew its opposition, the court was satisfied that a winding-up order should be made; costs are to be paid out of the company's assets and a single set of costs applies for supporting creditors.
25 Aug 2003
The court made a winding-up order because the petition was founded on an undisputed Labour Tribunal consent award debt, a statutory demand was served, the Company failed to appear or file opposing evidence after its solicitors withdrew, and there was no apparent basis to challenge the judgment debt, demonstrating inability to pay.
14 Jul 2003
Because the petitioner established a judgment debt, served a demand and the company did not oppose the petition, the court was satisfied the company should be wound up under the Companies Ordinance (Cap. 32).
7 Apr 2003
The Company was shown to be indebted by Labour Tribunal awards and failed to obtain representation or demonstrate a settlement; accordingly the court concluded the Company was unable to pay its debts and made a winding-up order, awarding costs against the Company's assets.