Mr Kennis Tai
HCCW 1353/2001
HCCW001353/2001
IN THE HIGH COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
COURT OF FIRST INSTANCE
COMPANIES (WINDING-UP) NO. 1353 OF 2001
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AND
Coram: Hon Yuen J in Court
Date of Hearing: 11 March 2002
Date of Judgment: 11 March 2002
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J U D G M E N T
1. This is an application for a company to be wound-up on the grounds that goods had been sold and delivered to this Company and the Petitioner had not been paid for those goods.
2. The amount of money that the Company is said to owe to the Petitioner is about $1.5 million. The statutory demand was served on 21 November 2001 and no payment was made thereafter. The petition was presented on 15 December 2001. No affidavit has been filed on behalf of the Company and no other creditors, whether supporting or opposing, have given intention of appearing today.
3. In the circumstances, as there is a presumption that the Company is unable to pay its debts, I will make the usual winding-up order.
Representation:
Mr Kennis Tai, instructed by Baker & McKenzie, for the Petitioner Company, absent
Mr J Glen from the Official Receiver's Office