3 Aug 2021
RE NEWAY MUSIC LTD (Company Number 1218812)
- Citation
- [2021] HKCFI 2260
- Court
- Court of First Instance
- Case number
- HCCW171/2021
The statutory demands were validly served and the Company failed to comply or offer to secure the debt arising from an unsuspended Copyright Tribunal order; consequently the Company is deemed insolvent under s178(1)(a) and failed to show a bona fide dispute on substantial grounds, entitling the petitioner to a winding up order.