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GL Asia Mauritius II Cayman Ltd -v- Pinfold Overseas Limited Claim No. BVIHC (Com) 2013/55

July 2013 Procedure

BRITISH VIRGIN ISLANDS

HIGH COURT (COMMERCIAL DIVISION)

APPLICATION TO WIND UP COMPANY ON BASIS OF ARBITRAL AWARD - COMPANY CHALLENGING JURISDICTION OF ARBITRAL TRIBUNAL TO DETERMINE THE SUBJECT MATTER OF THE AWARD - WHETHER SUFFICIENT FOR COMPANY TO RAISE BONA FIDE DISPUTE AS TO JURISDICTION ON SUBSTANTIAL GROUNDS OR WHETHER NECESSARY FOR COMPANY TO ESTABLISH ON BALANCE OF PROBABILITIES THAT SECTION 36(2)(D) OF ARBITRATION ACT 1976 (‘THE ACT’) APPLIED - SECTION 34(2) OF THE ACT CONSIDERED

The Judgment related to an Application by GL Asia for the appointment of liquidators to a BVI Registered Company, Pinfold. The Application was based on Pinfold’s alleged insolvency which was to be inferred from its failure to pay part of an arbitration award made in India. The Company challenged the jurisdiction of the arbitral tribunal to determine the subject matter of the award.

 

To continue reading full articles in PDF format:
GL Asia Mauritius II Cayman Ltd -v- Pinfold Overseas Limited Claim No. BVIHC (Com) 2013/55

 

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EDITOR & HEAD OF LITIGATION BERMUDA

Christian R. Luthi
Tel: +1 441 298 7814
Email: christian.luthi@conyersdill.com


Head of Litigation British virgin islands

Mark J. Forte
Tel: +1 284 852 1113
Email: mark.forte@conyersdill.com


Head of Litigation Cayman Islands

Paul Smith
Tel: +1 345 814 7777
Email: paul.smith@conyersdill.com


HEAD OF THE ASIA DISPUTES & RESTRUCTURING GROUP

Nigel K. Meeson, QC
Tel: +852 2842 9553
Email: nigel.meeson@conyersdill.com

Offshore Cases

GL Asia Mauritius II Cayman Ltd -v- Pinfold Overseas Limited Claim No. BVIHC (Com) 2013/55

17 July 2013

BRITISH VIRGIN ISLANDS

HIGH COURT (COMMERCIAL DIVISION)

APPLICATION TO WIND UP COMPANY ON BASIS OF ARBITRAL AWARD - COMPANY CHALLENGING JURISDICTION OF ARBITRAL TRIBUNAL TO DETERMINE THE SUBJECT MATTER OF THE AWARD - WHETHER SUFFICIENT FOR COMPANY TO RAISE BONA FIDE DISPUTE AS TO JURISDICTION ON SUBSTANTIAL GROUNDS OR WHETHER NECESSARY FOR COMPANY TO ESTABLISH ON BALANCE OF PROBABILITIES THAT SECTION 36(2)(D) OF ARBITRATION ACT 1976 (‘THE ACT’) APPLIED - SECTION 34(2) OF THE ACT CONSIDERED

The Judgment related to an Application by GL Asia for the appointment of liquidators to a BVI Registered Company, Pinfold. The Application was based on Pinfold’s alleged insolvency which was to be inferred from its failure to pay part of an arbitration award made in India. The Company challenged the jurisdiction of the arbitral tribunal to determine the subject matter of the award.

 

To continue reading full articles in PDF format:
GL Asia Mauritius II Cayman Ltd -v- Pinfold Overseas Limited Claim No. BVIHC (Com) 2013/55

 

 

EDITOR & HEAD OF LITIGATION BERMUDA

Christian R. Luthi
Tel.: +1 441 298 7814
Email.: christian.luthi@conyersdill.com


Head of Litigation British virgin islands

Mark J. Forte
Tel.: +1 284 852 1113
Email.: mark.forte@conyersdill.com


Head of Litigation Cayman Islands

Paul Smith
Tel.: +1 345 814 7777
Email.: paul.smith@conyersdill.com


HEAD OF THE ASIA DISPUTES & RESTRUCTURING GROUP

Nigel K. Meeson, Q.C.
Tel.: +852 2842 9553
Email.: nigel.meeson@conyersdill.com