10 Feb 2009
RE CENTRE RISE TRADING LTD
- Citation
- RE CENTRE RISE TRADING LTD
- Court
- Court of Appeal
- Case number
- CACV250/2008
The appeal was dismissed because the company failed to discharge the onus of demonstrating a bona fide substantial dispute or genuine cross-claims; the calculations underpinning the statutory demand (Tables A and B) showed a substantial undisputed debt and the alleged offsets (including the RMB balance and alternative interest calculations) were not sustainable, so the winding up order was properly made.