GUANGDONG WATER CONSERVANCY & HYDRO-POWER ENGINEERING DEVELOPMENT CO. LTD.

HCCW001301/2001

HCCW 1301/2001

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 1301 OF 2001

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	IN THE MATTER of GUANGDONG WATER CONSERVANCY & HYDRO-POWER ENGINEERING DEVELOPMENT COMPANY LIMITED
	AND
	IN THE MATTER of the Companies Ordinance, Cap. 32

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Coram: Hon Kwan J in Court

Date of Hearing: 8 July 2002

Date of Judgment: 8 July 2002

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J U D G M E N T

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1. This petition is brought by Top Treasure Engineering Limited on the basis that the company is unable to pay its debts. The debt is in the sum of HK$19,073,182.43 being the balance of the outstanding sum on three cheques which were dishonoured.

2. The statutory demand for the debt was served on the company on 6 November 2001 and the petition herein was filed on 3 December 2001. The company does not oppose the petition, as I gather from a letter of its solicitors dated 4 July 2002 and it has not appeared today. That being the case, I make an order to wind up the company and that the petitioner's costs be paid out of the company's assets.

	(S Kwan)
	Judge of the Court of First Instance
	High Court

Representation:

Mr Arthur C H Yip, instructed by Messrs Nie & Company, for the Petitioner

Messrs Johnson, Stokes & Master, for the Company, absent

Ms Teresa Wong, for the Official Receiver