Judgment
In the Matter of Skye Assets Fund SPC - Ruling
[2021] CIGC (FSD) 93
· FSD 0093/2021 (ASCJ) · 2021-06-30
Company in voluntary liquidation - application for deferral of dissolution pending petition for supervised liquidation by the court - applicable principles for grant of deferral of dissolution company without assets -abuse of process if deferral of dissolution intended to force settlement of personal claims. Insolvency; Investment Funds; Civil Procedure
Full metadata
| Neutral Citation | [2021] CIGC (FSD) 93 |
|---|---|
| Cause Number | FSD 0093/2021 (ASCJ) |
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | In the Matter of Skye Assets Fund SPC - Ruling |
| Judgment Date | 2021-06-30 |
| Subject | Company in voluntary liquidation - application for deferral of dissolution pending petition for supervised liquidation by the court - applicable principles for grant of deferral of dissolution company without assets -abuse of process if deferral of dissolution intended to force settlement of personal claims. Insolvency; Investment Funds; Civil Procedure |
| Filename (current) | 21-06-30-Skye-Assets-Fund-SPC-In-Voluntary-Liquidation.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 131, 151(3) | 3 |
| Companies Winding Up Rules (subordinate) | 12(2) | 1 |
| Contracts Act | — | 1 |
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