Judgment
In the Matter of Obelisk Global Fund SPC v Obelisk Global Gold Focus Fund - Judgment
[2021] CIGC (FSD) 87
· FSD 0087/2021 (RPJ) · 2021-08-12
Segregated portfolio -insolvency-receivership order-s.224 Companies Act (2021 Revision)-meaning and effect- assets are or are likely to be insufficient to discharge the claims of creditors-balance sheet or cash flow test-discretion-identity of receivers. Insolvency; Segregated Portfolio Companies; Statutory Interpretation
Full metadata
| Neutral Citation | [2021] CIGC (FSD) 87 |
|---|---|
| Cause Number | FSD 0087/2021 (RPJ) |
| Court | CIGC (FSD) |
| Judge | Parker J |
| Parties | In the Matter of Obelisk Global Fund SPC v Obelisk Global Gold Focus Fund - Judgment |
| Judgment Date | 2021-08-12 |
| Subject | Segregated portfolio -insolvency-receivership order-s.224 Companies Act (2021 Revision)-meaning and effect- assets are or are likely to be insufficient to discharge the claims of creditors-balance sheet or cash flow test-discretion-identity of receivers. Insolvency; Segregated Portfolio Companies; Statutory Interpretation |
| Filename (current) | 21-08-12-Obelisk-Global-Fund-SPC-v-Obelisk-Global-Gold-Fund-SPC.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 224, 93, 93(c) | 5 |
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