Cayman court tells solar company to pay costs of shareholders' failed winding-up petition

Cayman court tells solar company to pay costs of shareholders' failed winding-up petition

A court in the Cayman Islands has ruled that shareholders of a China-headquartered solar company were within their rights to present a winding up petition against it when it failed to make an interim payment under a consent order, ordering the company to pay their costs despite striking out the petition itself.

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