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{\title IN THE SUPREME COURT OF FIJI}{\author blake_r}{\operator blake_r}{\creatim\yr2004\mo10\dy20\hr10\min40}{\revtim\yr2004\mo10\dy20\hr10\min40}{\version2}{\edmins6}{\nofpages2}{\nofwords385}{\nofchars2201}{\*\company  }{\nofcharsws2581}{\vern16389}}
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{\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 
\f2\fs20\lang1024\langfe1024\cgrid\noproof\langnp1033\langfenp1033 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 IN}{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277  }{
\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 THE SUPREME COURT OF FIJI
\par }{\b\caps\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 Civil}{\b\caps\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277  Jurisdiction
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 ACTION NO. }{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 128}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277  }{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 OF 1971
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 Between:
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 IN THE MATTER of MULTI BLOCK LIMITED a
\par duly incorporate}{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 d }{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 company having its}{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
 }{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 registered office in Suva
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 and
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 IN THE MATTER of the Companies Ordinance (Chapter 216)
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 DECISION
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par The petitioner has petitioned the Court for winding up of the respondent company. The petition is supported by four other creditors of the Company for whom Mr. Whippy also appears.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 Mr. Jaswant Singh appeared for the company on whose behalf an affidav
it was filed sworn by Shanti Lal a director of the company. This affidavit disclosed that some seven debtors of the company were indebted to the company in the total sum of $9,672.00 and the company was in the course of pursuing the debtors through the 
Court.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 The affidavit admits the petitioning creditor}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 '}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
s judgment debt of $3,434.14 and the fact that the petitioner had issued a writ of fieri facias on which there was a return that the company had no goods or chattels on which to levy execution.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par The affidavit indicated that the company had ceased business but that it would meet its debts if it could collect moneys owing to the company. Mr. Jaswant Singh conceded that it was just and equitable that the}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277  }{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 company should be wound up so that the}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277  g}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 et in the }{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 compa}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 ny}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 '}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 s debts and pay all creditors of the company.
\par 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 As the Court was ab}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
out to make an order winding up the company Mr. H.M. Patel appeared and after conferring with Mr. Singh advised the Court that he was acting for the company and advised the Court tha
t the company intended to carry on business and argued that an order should not be made as this would be likely to prejudice the actions which had been instituted to recover the company}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 '}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 s debts which were sufficient if recovered to meet all the creditors debts. The conflict in the instru}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 
ctions given to Mr. Singh and Mr}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 . Patel was not explained and I can only assume they were instructed by different directors of the company who were out of touch with each other.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 The petition is based on section 168(b) of the Companies Ordinance and is in proper form
. The facts alleged in the petition are not denied except the company}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 '}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 s alleged inability to pay its debts.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 I}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
 have considered all the facts and consider it is just and equitable that the Company should be wound up. I am satisfied also that the Company is presently unable to pay the debts and has no available assets o}{
\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 n}{\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277  which execution can be levied.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
I therefore grant the application for winding up of the company and order that the company be wound up.
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 R. G.}{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277  MISHRA}
{\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\b\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 JUDGE
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8595277 {\f0\fs24\lang2057\noproof0\langnp2057\insrsid8595277\charrsid8595277 Suva, 9th September, 1977.
\par }}