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HCCW000059/2004
HCCW 59/2004
IN THE HIGH COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
COURT OF FIRST INSTANCE
COMPANIES (WINDING-UP) NO. 59 OF 2004
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IN THE MATTER of CENTURY GROUP LIMITED
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IN THE MATTER of the Companies Ordinance, Chapter 32
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Coram: Hon Kwan J in Court
Date of Hearing: 22 March 2004
Date of Judgment: 22 March 2004
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J U D G M E N T
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1. This is a petition to wind up Century Group Limited ("the Company") brought by Virtyre Limited. The petition is based on a debt in the total sum of HK$738,380.44 as at 23 December 2003. The debt arose out of an order for interim payment made by Deputy Judge Muttrie on 8 December 2003 in HCA No. 3235 of 2003. By that order, the Company was required to pay to the petitioner various sums on account of its use and occupation of the premises leased by the petitioner to the Company for the purpose of carrying on the business of a hair salon. The Company has made an application for a validation order and this was dismissed by Barma J on 18 March 2004.
2. At the hearing today, the Company has not appeared. Its solicitors have written to the petitioner's solicitors on 20 March 2004 stating that they have instructions from the Company that the Company would not proceed with the opposition of the petition.
3. In the circumstances, as there is no dispute of the petitioning debt, I make a winding-up order. I further order that the petitioner's costs are to be paid out of the Company's assets.
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(S Kwan) |
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Judge of the Court of First Instance |
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High Court |
Representation:
Mr Anthony Cheung, instructed by Charles Yeung Clement Lam Liu & Yip, for the Petitioner
The Company, absent
Miss Vivian Yeung, for the Official Receiver
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