Judgment
In the matter of Axia Network Foundation (in Voluntary Liquidation) and In the matter of ANF MergeCo Ltd (in Voluntary Liquidation) - Ex tempore Judgment
[2025] CIGC (FSD) 27
· FSD 0029/2025 (DDJ); FSD 0030/2025 (DDJ) · 2025-04-03
Supervision Orders pursuant to section 131 of the Companies Act (2025 Revision) – the relevant law and procedure – the evaluative process in respect of the statutory jurisdictional threshold – the discretionary choice of liquidators – Sanction Orders pursuant to section 110(2) and Schedule 3 Part I paragraph 1 of the Companies Act (2025 Revision) – sanction to file petitions for recognition pursuant to Chapter 15 of Title 11 of the United States Code. Insolvency; Company Law; Cross‑Border Insolvency; Digital Assets; Civil Procedure
Full metadata
| Neutral Citation | [2025] CIGC (FSD) 27 |
|---|---|
| Cause Number | FSD 0029/2025 (DDJ); FSD 0030/2025 (DDJ) |
| Court | CIGC (FSD) |
| Judge | Doyle J |
| Parties | In the matter of Axia Network Foundation (in Voluntary Liquidation) and In the matter of ANF MergeCo Ltd (in Voluntary Liquidation) - Ex tempore Judgment |
| Judgment Date | 2025-04-03 |
| Subject | Supervision Orders pursuant to section 131 of the Companies Act (2025 Revision) – the relevant law and procedure – the evaluative process in respect of the statutory jurisdictional threshold – the discretionary choice of liquidators – Sanction Orders pursuant to section 110(2) and Schedule 3 Part I paragraph 1 of the Companies Act (2025 Revision) – sanction to file petitions for recognition pursuant to Chapter 15 of Title 11 of the United States Code. Insolvency; Company Law; Cross‑Border Insolvency; Digital Assets; Civil Procedure |
| Filename (current) | 25-04-03-In-the-matter-of-ANF-and-ANF-MergeCo-Ltd-Judgment.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 131, 131(b), 97 | 11 |
| Companies Winding Up Rules (subordinate) | 3 | 1 |
| Foundation Companies Act | — | 1 |
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