14 Nov 2005
RE ASSOCIATE KEY DEVELOPMENT LTD
- Citation
- RE ASSOCIATE KEY DEVELOPMENT LTD
- Court
- Court of First Instance
- Case number
- HCCW690/2005
Because the Labour Tribunal award produced a due and undisputed debt which had been demanded and remained unpaid, and the company failed to settle the debt or appear at the final hearing, the court exercised its authority under the Companies Ordinance to wind up the company and ordered that the petitioner's costs be paid out of the company's assets.