20 Mar 2017
RE FAME DRAGON INTERNATIONAL INVESTMENT LTD
- Citation
- RE FAME DRAGON INTERNATIONAL INVESTMENT LTD
- Court
- Court of First Instance
- Case number
- HCCW373/2016
Contemporaneous documentary evidence unambiguously established an enforceable US$50,000,000 loan with agreed terms and security; there was no substantive evidence that the advance was a capital contribution or a sham, and third-party pledge does not independently bar a winding-up order, therefore the petitioner was entitled ex debito justitiae to a winding-up order against the company.