Judgment
In the Matter of Adamas Asia Strategic Opportunity Fund Limited (in voluntary liquidation) - Judgment
[2019] CIGC (FSD) 72
· FSD 0072/2019 (IKJ) · 2019-07-23
Petition for Supervision Order in respect of a solvent company in voluntary liquidation - petition presented by participating shareholder claiming to represent 100% of the economic interests in the company-articles vested sole management powers and shareholder voting powers in the Manager-whether views of participating shareholder or management shareholder should prevail in relation to a solvent winding-up-standing of petitioner to seek Supervision Order-construction of Companies Law (2018 Revision), s.131(b)-whether statutory requirements for Supervision Order met in circumstances of present case
Full metadata
| Neutral Citation | [2019] CIGC (FSD) 72 |
|---|---|
| Cause Number | FSD 0072/2019 (IKJ) |
| Court | CIGC (FSD) |
| Judge | Kawaley J |
| Parties | In the Matter of Adamas Asia Strategic Opportunity Fund Limited (in voluntary liquidation) - Judgment |
| Judgment Date | 2019-07-23 |
| Subject | Petition for Supervision Order in respect of a solvent company in voluntary liquidation - petition presented by participating shareholder claiming to represent 100% of the economic interests in the company-articles vested sole management powers and shareholder voting powers in the Manager-whether views of participating shareholder or management shareholder should prevail in relation to a solvent winding-up-standing of petitioner to seek Supervision Order-construction of Companies Law (2018 Revision), s.131(b)-whether statutory requirements for Supervision Order met in circumstances of present case |
| Filename (current) | 19-07-23-Adamas-Asia-Strategic-Opportunity-Fund-Limited-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 103, 131, 131(b) | 10 |
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