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Matter

Gold Swing Enterprises Ltd v Golden Oasis Health Ltd (HCCW 236/2018)

  1. 6 September 2019Hong Kong

    6 September 2019Hong Kong

    Decision of the High Court of the Hong Kong Special Administrative Region, Court of First Instance in Companies (Winding-Up) Proceedings No. 236 of 2018 dated 6 September 2019

    High Court of the Hong Kong Special Administrative Region, Court of First Instance

    Case no.
    HCCW 236/2018
    Citation
    [2019] HKCFI 2173
    Decision summary
    The Court of First Instance dismissed New Health Elite International Ltd's summons seeking a stay of the winding-up petition against Golden Oasis Health Ltd pending arbitration. It held that the debt arose from a deed of assignment containing a Hong Kong court jurisdiction clause, that the arbitration clause in the shareholders' agreement did not cover the debt dispute, and that no arbitral proceedings had been commenced. Costs of the summons were ordered to Gold Swing Enterprises Ltd with a certificate for two counsel.

    Supporting details

    6 authorities · 11 participants
    Application
    Summons seeking a stay of the winding-up petition pending arbitration — Dismissed
    Gold Swing Enterprises Ltd
    Representative
    Jenkin Suen (For: Gold Swing Enterprises Ltd)
    Representative
    Justin Lam (For: Gold Swing Enterprises Ltd)
    Representative
    Tsang & Lee (For: Gold Swing Enterprises Ltd)
    New Health Elite International Ltd
    Representative
    Frederick H F Chan (For: New Health Elite International Ltd)
    Representative
    Baker & McKenzie (For: New Health Elite International Ltd)
    Golden Oasis Health Ltd
    Smart Base Properties Ltd (HK)
    High Court of the Hong Kong Special Administrative Region, Court of First Instance
    Other
    Witness
    Gaston Lam

    Authorities cited

    6
    • Companies (Winding Up and Miscellaneous Provisions) Ordinance of Hong Kong (Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) (Hong Kong))
      statute
    • Companies (Winding-Up) Rules of Hong Kong (Companies (Winding-Up) Rules (Cap. 32H) (Hong Kong))
      statute
    • Re Southwest Pacific Bauxite (HK) Ltd [2018] HKLRD 449
      case-law
    • But Ka Chon v Interactive Brokers LLC [2019] HKCA 873
      case-law
    • Ghassemvand v Premium Weatherstripping Inc [2017] BCCA 309
      case-law
    • Steven Elefant v Genwood Industries Ltd [2018] QCCS 4590
      case-law

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Gold Swing Enterprises Ltd v Golden Oasis Health Ltd (HCCW 236/2018) · Matter