18 May 2023
RE DANGDAI INTERNATIONAL INVESTMENTS LTD (Company No. F26577)
- Citation
- [2023] HKCFI 1347
- Court
- Court of First Instance
- Case number
- HCCW65/2023
The court granted an immediate winding‑up order: the Petitioner as trustee had standing; the Company admitted insolvency and default; the Company failed to demonstrate any concrete, credible restructuring proposal or sufficient independent creditor support to justify adjourning the petition, and the adjournment sought would not serve any useful purpose.