Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Winding up order

  • 20 Jan 2026

    RE VAST LUCK COMPANY LTD

    Citation
    [2026] HKCFI 428
    Court
    Court of First Instance
    Case number
    HCCW587/2025

    Refusal of further adjournment and making of a usual winding up order because the Company admitted the undisputed debt, repeatedly failed to make promised payments or deliver a bank draft, produced unreliable and contradictory evidence of prospective funding with no documentary proof, and therefore could not demonstrate a reasonable prospect that funds would be injected to avoid winding up.

  • 23 Sept 2002

    RE CHUEN HING CONSTRUCTION CO. LTD.

    Citation
    RE CHUEN HING CONSTRUCTION CO. LTD.
    Court
    Court of First Instance
    Case number
    HCCW488/2002

    On the evidence the Company was hopelessly insolvent (outstanding claims circa HK$8.3m with preferential employee claims and only an uncertain prospect of receipts), the purported incoming funds were speculative or remote (only HK$1.53m retention reasonably likely soon), and therefore the court refused further adjournment or validation and made a winding up order with costs payable from the Company's assets.