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Companies Winding-up Proceedings2007

RE TOWN\'S INDUSTRIAL LTD

58650-EN-2007-09-24

RE TOWN\'S INDUSTRIAL LTD

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HCCW 328/2007

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

COMPANIES (WINDING-UP) NO. 328 OF 2007

______________________

 IN THE MATTER of TOWN’S INDUSTRIAL LIMITED
 and
 IN THE MATTER of the Companies Ordinance, Chapter 32 of the Laws of Hong Kong

______________________

 

Before : Hon Kwan J in Court

Date of Hearing : 24 September 2007

Date of Judgment : 24 September 2007

 

______________________

J U D G M E N T

______________________

 

1.  This petition was presented by So Kong Yiu, seeking a winding-up order against Town’s Industrial Limited (“the Company”), on the basis of an award of $61,200.00 with interest obtained by the petitioner against the Company in the Labour Tribunal on 15 December 2006.  The Company is indebted to two other employees in the aggregate of $43,126.00 with interest on the same award in the Labour Tribunal.  A demand for the petitioning debt was served on the Company on 10  May  2007.  As the demand was not complied with, the petition was presented on 18 July 2007. 

2.  The Company appeared by a director Chan Kwok Hang before the Master on 19 September 2007.  He was reminded of the need to seek leave for a director to represent the Company in these proceedings.  No leave has been obtained and the Company has not appeared today.  No evidence has been filed by the Company to oppose the petition. 

3.  I make an order to wind up the Company.  The petitioner’s costs of these proceedings, including the costs reserved by the Master on 19  September 2007, are to be paid out of the Company’s assets.

 

 

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

 

Ms Clara Tam of Legal Aid Department, for the Petitioner

The Company, absent

Miss Vivian Yeung, for the Official Receiver