Proceedings.

Global Cord Blood Corporation

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Proceeding
Foreign proceeding (ancillary)Section 104(2) of the Companies Act (2022 Revision)
File
FSD 108 of 2022 (IKJ)
Filings held23
Last activity1 Sep 2026
On the record1,460 days
OverviewSummary updated

Global Cord Blood Corporation is the subject of insolvency proceedings in the Cayman Islands. The Grand Court of the Cayman Islands appointed Margot MacInnis, John Royle and Chow Tsz Nga Georgia as joint provisional liquidators on September 22, 2022, under section 104(2) of the Companies Act (2022 Revision), cause number FSD 108 of 2022 (IKJ), on the application of Blue Ocean Structure Investment Company Ltd. Creditors notified to the liquidators include Irasia.com Limited, owed HK$21,000.00 for website hosting; Conyers Dill & Pearman (HK), owed US$2,434.00 for fees from July 29 to September 28, 2022 reviewing the company's Form 20-F and draft resolutions; and Loeb & Loeb, owed US$82,000.00. GMHL, through Hong Kong attorneys, separately asserted an unsubstantiated rent-arrears claim with no amount stated.

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Case updates22 dated entries · 1 undated
#Report

Joint provisional liquidators' Seventeenth Report: the company conducts no normal operations and remains delisted from the NYSE, while the liquidators press to secure control of the group's PRC operating subsidiaries and to prevent dissipation of the Hong Kong subsidiaries.

Source: Seventeenth Report dated September 1, 2026.pdf

#Report

The Grand Court of the Cayman Islands issued the order appointing the joint provisional liquidators on September 22, 2022.

Source: FAQ

Undated filings1 — no date appears on the document · show
Claims

Proof of Debt Form Claims process approved

PDF

Parties

Debtor

Global Cord Blood Corporation

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
USD · stated amounts, drawn to scale
Priority classCreditorAmountSource
UnsecuredLoeb & Loebdebtor: Global Cord Blood Corporation$82K USDFirst Report to the Court dated October 17, 2022
UnsecuredIrasia.com Limitedcontracted service of website hosting — debtor: Global Cord Blood Corporation · as of 11 Oct 2022$21K HKDFirst Report to the Court dated October 17, 2022
UnsecuredConyers Dill & Pearman (HK)as of 2022-09-28 to 2022-09-29/2022-09-28 — fees for time incurred 29 July - 28 September 2022 reviewing and commenting on form 20-F and draft resolutions — debtor: Global Cord Blood Corporation$2.43K USDFirst Report to the Court dated October 17, 2022
UnsecuredGMHL (via HK attorneys) - purported rent arrears claimdisputed/unsubstantiated claim; no amount stated; GCBC allegedly vacated HQ around 13 September 2022 due to rent arrears — debtor: Global Cord Blood CorporationFirst Report to the Court dated October 17, 2022

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Fees and ratesAs stated in the filings

2 engagements · 1 firmlatest: (firm not named), 22 Sep 2022 – 31 Dec 2023, $20,780.00 USD soughtSeventh Report dated March 8, 2024.pdf · 8 Mar 2024

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedperiod 2 of 2 · firm not named in the heading22 Sep 2022 – 31 Dec 2023Sought$20,780.00 USDtotalnot statedSeventh Report dated March 8, 2024.pdf · 8 Mar 2024
0 people(firm not named), 22 Sep 2022 – 31 Dec 2023
NameTitleHoursRateFees
Legal Fees and expenses$9,315.00 USD
Liquidator's Fees & expenses$11,465.00 USD
(firm not named)capacity not statedperiod 1 of 2 · firm not named in the headingSoughtnot statedSeventh Report dated March 8, 2024.pdf · 8 Mar 2024
0 people(firm not named),
NameTitleHoursRateFees
LiquidatorLiquidator$930Previous Rate
LiquidatorLiquidator$9302024 Rate
DirectorDirector$7952024 Rate
DirectorDirector$785Previous Rate
Senior ManagerSenior Manager$6802024 Rate
Senior ManagerSenior Manager$670Previous Rate
ManagerManager$5702024 Rate
ManagerManager$560Previous Rate
Assistant ManagerAssistant Manager$5552024 Rate
Assistant ManagerAssistant Manager$495Previous Rate
SeniorSenior$4102024 Rate
SeniorSenior$390Previous Rate
AdministrationAdministration$2402024 Rate
AdministrationAdministration$230Previous Rate
Documents
23 filings
DateDocumentFile
Seventeenth Report dated September 1, 2026.pdf
  • Operational summary The Company itself is not conducting normal operations and remains delisted from the NYSE, while the JPLs continue efforts to secure control of the Group's operating PRC subsidiaries and prevent dissipation of the HK subsidiaries amid ongoing multi-jurisdictional litigation.
  • Report date 1 September 2026
  • Report no Seventeenth Report
  • Unsecured creditors $1.16M USD · Note: Document names no individual creditors; JPLs state they have not investigated the validity of the claims received. · Page: 11 · As of: 23 August 2026 (progress report cut-off date) · Basis: The JPLs have been notified of non-preferred unsecured claims totalling US$1,164,416 · Debtor: Global Cord Blood Corporation (In Provisional Liquidation) · Creditor: Unsecured creditors (aggregate, non-preferred claims notified)
PDF
Notice of JPLs Third Fee Report dated August 6, 2026.pdfPDF
Sixteenth Report dated June 1, 2026.pdfPDF
Fifteenth Report dated March 2, 2026.pdfPDF
Fourteenth Report dated December 1, 2025.pdfPDF
Thirteenth Report dated September 1, 2025.pdfPDF
Notice of Summons and Hearing Date dated June 3, 2025.pdfPDF
Twelfth Report dated June 2, 2025.pdfPDF
Eleventh Report dated March 3, 2025.pdfPDF
Tenth Report dated December 2, 2024.pdfPDF
Ninth Report dated September 2, 2024.pdfPDF
Eighth Report dated June 3, 2024.pdfPDF
Notice of Summons and Hearing Date dated May 29, 2024.pdfPDF
Seventh Report dated March 8, 2024.pdf
  • Fee schedule Engagements: Form: level_summary · Rows: Fees: 11465 · Quote: Liquidator's Fees & expenses | 11,465 · Row kind: bucket · Rate kind: standard · Name as stated: Liquidator's Fees & expenses; Fees: 9315 · Quote: Legal Fees and expenses | 9,315 · Row kind: bucket · Rate kind: standard · Name as stated: Legal Fees and expenses · Money: Total: $20.8K · Quote: Total | 20,780 · includes disbursements · Approximate: false · Period: End: 2023-12-31 · Kind: cumulative · Label: Time incurred from JPLs' appointment on 22 September 2022 to end of Q4 2023 · Quote: Time incurred from JPLs' appointment on 22 September 2022 to end of Q4 2023. · Start: 2022-09-22 · Approval: Quote: Approval of the above Liquidator's Fees and expenses will be sought in an upcoming meeting of contributories · State: sought · Averages: · Currency: Code: USD · Quote: US$'000 · Invoices: · Context quote: Global Cord Blood Corporation (In Provisional Liquidation) (the Company) Cause No. FSD 108 of 2022 (IKJ) · Firm unverified: true · Comparability quote: The above reflects market standard rates and is in alignment with the Insolvency Practitioner Rules.; Form: level_summary · Rows: Rate: 930 · Quote: Liquidator | 930 | 930 · Title: Liquidator · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Liquidator; Rate: 930 · Quote: Liquidator | 930 | 930 · Title: Liquidator · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Liquidator; Rate: 785 · Quote: Director | 785 | 795 · Title: Director · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Director; Rate: 795 · Quote: Director | 785 | 795 · Title: Director · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Director; Rate: 670 · Quote: Senior Manager | 670 | 680 · Title: Senior Manager · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Senior Manager; Rate: 680 · Quote: Senior Manager | 670 | 680 · Title: Senior Manager · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Senior Manager; Rate: 560 · Quote: Manager | 560 | 570 · Title: Manager · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Manager; Rate: 570 · Quote: Manager | 560 | 570 · Title: Manager · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Manager; Rate: 495 · Quote: Assistant Manager | 495 | 555 · Title: Assistant Manager · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Assistant Manager; Rate: 555 · Quote: Assistant Manager | 495 | 555 · Title: Assistant Manager · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Assistant Manager; Rate: 390 · Quote: Senior | 390 | 410 · Title: Senior · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Senior; Rate: 410 · Quote: Senior | 390 | 410 · Title: Senior · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Senior; Rate: 230 · Quote: Administration | 230 | 240 · Title: Administration · Row kind: level · Rate kind: standard · Rate label: Previous Rate · Name as stated: Administration; Rate: 240 · Quote: Administration | 230 | 240 · Title: Administration · Row kind: level · Rate kind: standard · Rate label: 2024 Rate · Name as stated: Administration · Money: Approximate: false · Period: Kind: unstated · Approval: Quote: The JPLs will seek approval of the above rate increase from the Cayman Court at the next possible opportunity. · State: sought · Averages: · Currency: · Invoices: · Context quote: Global Cord Blood Corporation (In Provisional Liquidation) (the Company) Cause No. FSD 108 of 2022 (IKJ) · Firm unverified: true · Comparability quote: The above reflects market standard rates and is in alignment with the Insolvency Practitioner Rules.
PDF
Sixth Report dated December 1, 2023.pdfPDF
Fifth Report dated September 1, 2023.pdfPDF
Fourth Report dated June 1, 2023.pdfPDF
Third Report dated March 1, 2023.pdfPDF
Second Report dated December 1, 2022
  • Applicant Blue Ocean Structure Investment Company Ltd
  • Commencement date 22 September 2022
  • Court file no Cause No. FSD 108 of 2022 (IKJ)
  • Proceeding type foreign_ancillary
PDF
FAQ
  • Appointee Margot MacInnis and John Royle of Grant Thornton Specialist Services (Cayman) Limited, and Chow Tsz Nga Georgia of Grant Thornton Recovery & Reorganisation Limited
  • Appointee role joint provisional liquidators
  • Commencement date 22 September 2022
  • Court Grand Court of the Cayman Islands
  • + 1 more extracted fact
PDF
First Report to the Court dated October 17, 2022
  • Applicant Blue Ocean Structure Investment Company Ltd
  • Appointee Margot MacInnis, John Royle and Chow Tsz Nga Georgia
  • Commencement date 22 September 2022
  • Court The Grand Court of the Cayman Islands
  • + 2 more extracted facts
PDF
Press Release dated September 26, 2022PDF
Proof of Debt FormPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Global Cord Blood Corporation” (Foreign proceeding (ancillary)). Retrieved 20 September 2026, https://proceedings.ca/case/global-cord-blood-corporation

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/global-cord-blood-corporation

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.