5 Jun 2006
RE MOULIN GLOBAL EYECARE TRADING LTD
- Citation
- RE MOULIN GLOBAL EYECARE TRADING LTD
- Court
- Court of First Instance
- Case number
- HCCW471/2005
The court ordered winding up because the companies were undisputedly insolvent, demanded debts remained unpaid, the provisional liquidation’s purpose had largely been achieved (sale of the main asset was effectively completed), and substitution of the petitioner was appropriate so that the creditor entitled to pursue the petitions could obtain final winding-up orders to adjudicate proofs of debt and effect distributions to unsecured creditors.