3 Oct 2005
RE HELTECH (GROUP) LTD
- Citation
- RE HELTECH (GROUP) LTD
- Court
- Court of First Instance
- Case number
- HCCW567/2005
The company was shown to owe multiple enforceable Labour Tribunal awards, a demand was served, the company failed to pay or reach an acceptable settlement and could not improve its offer after adjournment, and supporting creditors backed the petition; accordingly the court ordered the company wound up and directed that the petitioner's costs and one set of supporting creditors' costs be paid from company assets.