Judgment
Position Mobile Ltd SEZC - Judgment
[2026] CIGC (FSD) 10
· FSD 0079/2022 (DDJ) · 2026-02-17
Determination of winding up petition on the just and equitable ground – relevant law and remedy – the importance of pleadings - lack of probity – justifiable loss of confidence in management - lack of independent investigation – failure to protect the best interests of the Company – threats and an improper scheme – oppressive conduct – winding up threshold crossed - alternative remedies – form of relief – buyout order. Insolvency and Restructuring; Company Law; Shareholder Remedies; Corporate Governance
Full metadata
| Neutral Citation | [2026] CIGC (FSD) 10 |
|---|---|
| Cause Number | FSD 0079/2022 (DDJ) |
| Court | CIGC (FSD) |
| Judge | Doyle J |
| Parties | Position Mobile Ltd SEZC - Judgment |
| Judgment Date | 2026-02-17 |
| Subject | Determination of winding up petition on the just and equitable ground – relevant law and remedy – the importance of pleadings - lack of probity – justifiable loss of confidence in management - lack of independent investigation – failure to protect the best interests of the Company – threats and an improper scheme – oppressive conduct – winding up threshold crossed - alternative remedies – form of relief – buyout order. Insolvency and Restructuring; Company Law; Shareholder Remedies; Corporate Governance |
| Filename (current) | FSD0079202202172026POSITIONMOBILE.pdf |
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