Judgment
Siberian Mining Group Limited v Keystone Global Company Limited - Reasons
FSD 0110/2013 (AJJ) · 2013-08-22
Interpretation and application of Clause 4(1)(b) of the Coal Sale and Purchase Agreement under Korean law; whether the risk of insolvency proceedings against SMG was real and present, triggering the obligation to repay the deposit; Bona fide and substantial dispute over the existence of the debt relied upon in Keystone's statutory demand; Abuse of process in presenting a winding-up petition based solely on the statutory demand
Full metadata
| Cause Number | FSD 0110/2013 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | Siberian Mining Group Limited v Keystone Global Company Limited - Reasons |
| Judgment Date | 2013-08-22 |
| Subject | Interpretation and application of Clause 4(1)(b) of the Coal Sale and Purchase Agreement under Korean law; whether the risk of insolvency proceedings against SMG was real and present, triggering the obligation to repay the deposit; Bona fide and substantial dispute over the existence of the debt relied upon in Keystone's statutory demand; Abuse of process in presenting a winding-up petition based solely on the statutory demand |
| Filename (current) | 13-08-27-Siberian-Mining-Group-Ltd-v-Keystone-G-Co-Ltd.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | — | 2 |
| Grand Court Rules - Vol I - Orders (subordinate) | — | 1 |