Judgment
In re Orchid Developments Group Limited - Ruling
FSD 0168/2012 (AJJ) · 2012-12-21
Creditor’s winding‑up petition; application for appointment of provisional liquidators; s.104(2) Companies Law restrictions; balance‑sheet solvency vs cash‑flow insolvency; rights issue and dilution concerns; no grounds shown for dissipation, oppression, or mismanagement; dismissal of provisional‑liquidator application
Full metadata
| Cause Number | FSD 0168/2012 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | In re Orchid Developments Group Limited - Ruling |
| Judgment Date | 2012-12-21 |
| Subject | Creditor’s winding‑up petition; application for appointment of provisional liquidators; s.104(2) Companies Law restrictions; balance‑sheet solvency vs cash‑flow insolvency; rights issue and dilution concerns; no grounds shown for dissipation, oppression, or mismanagement; dismissal of provisional‑liquidator application |
| Filename (current) | 12-12-21-Orchid-Development-Croup-Limited-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | — | 1 |
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