Mr Arthur C H Yip, instructed by Messrs Nie & Company
HCCW 1301/2001
HCCW001301/2001
IN THE HIGH COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
COURT OF FIRST INSTANCE
COMPANIES (WINDING-UP) NO. 1301 OF 2001
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IN THE MATTER of GUANGDONG WATER CONSERVANCY & HYDRO-POWER ENGINEERING DEVELOPMENT COMPANY LIMITED
IN THE MATTER of the Companies Ordinance, Cap. 32
Coram: Hon Kwan J in Court
Date of Hearing: 8 July 2002
Date of Judgment: 8 July 2002
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J U D G M E N T
1. This petition is brought by Top Treasure Engineering Limited on the basis that the company is unable to pay its debts. The debt is in the sum of HK$19,073,182.43 being the balance of the outstanding sum on three cheques which were dishonoured.
2. The statutory demand for the debt was served on the company on 6 November 2001 and the petition herein was filed on 3 December 2001. The company does not oppose the petition, as I gather from a letter of its solicitors dated 4 July 2002 and it has not appeared today. That being the case, I make an order to wind up the company and that the petitioner's costs be paid out of the company's assets.
Representation:
Mr Arthur C H Yip, instructed by Messrs Nie & Company, for the Petitioner
Messrs Johnson, Stokes & Master, for the Company, absent
Ms Teresa Wong, for the Official Receiver