Judgment
In the matter of Aramid Entertainment Fund Limited - Ruling
[2013] CIGC (FSD) 95
· FSD 0095/2013 (AFJ) · 2013-10-25
Liability for costs on withdrawal of a creditor's winding up petition; Reasonableness of presenting a winding up petition in light of disputed debts; Application of the usual rule that costs follow the event; Discretion of the court to depart from the usual rule on costs; Relevance of solvency and cross-claims in winding up proceedings; Acquiescence in withholding payment of redemption proceeds.
Full metadata
| Neutral Citation | [2013] CIGC (FSD) 95 |
|---|---|
| Cause Number | FSD 0095/2013 (AFJ) |
| Court | CIGC (FSD) |
| Judge | Foster J |
| Parties | In the matter of Aramid Entertainment Fund Limited - Ruling |
| Judgment Date | 2013-10-25 |
| Subject | Liability for costs on withdrawal of a creditor's winding up petition; Reasonableness of presenting a winding up petition in light of disputed debts; Application of the usual rule that costs follow the event; Discretion of the court to depart from the usual rule on costs; Relevance of solvency and cross-claims in winding up proceedings; Acquiescence in withholding payment of redemption proceeds. |
| Filename (current) | 13-10-25-Aramid-Entertainment-Fund-Limited.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Grand Court Act | 11 (10) | 3 |
| Companies Act | — | 2 |
| Judicature Act | 24 (1) | 2 |
| Companies Winding Up Rules (subordinate) | — | 1 |
| Grand Court Rules - Vol I - Orders (subordinate) | — | 1 |
| Mutual Funds Act | — | 1 |
The full text of this document is available to readers on this page. It is not served to automated crawlers.