Judgment
In the Matter of Asia Momentum Fund (SPC) Ltd. (In Voluntary Liquidation) - Reasons for Decision
[2022] CIGC (FSD) 6
· FSD 0006/2022 (IKJ) · 2022-04-06
Creditor’s petition presented by beneficial owner of sole investor in company-application to place the liquidation of a company in voluntary liquidation under Court supervision-effect of redemption in full by registered shareholder on petitioner’s standing as a creditor-whether requirements for supervision order made out-Companies Act (2021Revision), section 131-Companies Winding Up Rules 2018, Order 15. Insolvency and Restructuring; Company Law; Equity and Trusts; Investment Funds
Full metadata
| Neutral Citation | [2022] CIGC (FSD) 6 |
|---|---|
| Cause Number | FSD 0006/2022 (IKJ) |
| Court | CIGC (FSD) |
| Judge | Kawaley J |
| Parties | In the Matter of Asia Momentum Fund (SPC) Ltd. (In Voluntary Liquidation) - Reasons for Decision |
| Judgment Date | 2022-04-06 |
| Subject | Creditor’s petition presented by beneficial owner of sole investor in company-application to place the liquidation of a company in voluntary liquidation under Court supervision-effect of redemption in full by registered shareholder on petitioner’s standing as a creditor-whether requirements for supervision order made out-Companies Act (2021Revision), section 131-Companies Winding Up Rules 2018, Order 15. Insolvency and Restructuring; Company Law; Equity and Trusts; Investment Funds |
| Filename (current) | 22-04-06-Asia-Momentum-Fund-SPC-Ltd-In-Voluntary-Liquidation.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 131, 139(1), 151 (3), 38 | 12 |
| Companies Winding Up Rules (subordinate) | — | 1 |
| Companies Winding Up Rules, 2008 (subordinate) | 9(1) | 1 |
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