12 Mar 2020
DAYANG (HK) MARINE SHIPPING CO., LTD v. ASIA MASTER LOGISTICS LTD
- Citation
- [2020] HKCFI 311
- Court
- Court of First Instance
- Case number
- HCCW14/2019
Respondent's counterclaim is not supported by precise and substantial evidence and the respondent has not properly commenced arbitration or shown that its cross-claim will extinguish the petitioning debt; accordingly the Court, exercising its discretion and applying established tests, finds the debt is not disputed in good faith on substantial grounds and makes a winding-up order against the respondent company.