22 Jan 2013
RE FANCY OCEAN LTD
- Citation
- RE FANCY OCEAN LTD
- Court
- Court of First Instance
- Case number
- HCCW35/2012
The respondent discharged the burden of showing that the alleged debts were bona fide disputed on substantial grounds; the court could not summarily determine the disputed factual and legal nature of the transactions and therefore dismissed the winding-up petition rather than adjudicate the debt on the petition hearing.