RE YU LEUNG HONG

RE YU LEUNG HONG

The court, satisfied on the evidence that the debtor was unable to pay his debts and having regard to the withdrawal of the opposing creditor's opposition after the debtor's explanatory evidence, made a bankruptcy order and, given the agreement between the parties and the Official Receiver, made no order as to costs.

Citation
RE YU LEUNG HONG
Parties
Debtor: Yu Leung Hong; Opposing Creditor: Standard Chartered Bank Limited; Official Receiver: Official Receiver
Court
Court of First Instance
Jurisdiction
Hong Kong
Judgment Date
9 October 2002
Case Number
HCB7615/2002
Procedural Posture
Bankruptcy / Judgment (bankruptcy Order Made)
Outcome
Bankruptcy order made against debtor Yu Leung Hong; no order as to costs.
Legal Topics
Bankruptcy Petition, Statement of Affairs, Disposition of Property, Costs
Source Language
EN
Bankruptcy Insolvency Civil Procedure Bankruptcy Petition Statement of Affairs Disposition of Property Costs

Case Brief

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Parties

Yu Leung Hong

Debtor

Standard Chartered Bank Limited

Opposing Creditor

Official Receiver

Official Receiver

Procedural Posture

Bankruptcy / Judgment (bankruptcy Order Made)

Legal Issues

  1. 1 Whether the debtor was unable to pay his debts
  2. 2 Whether the debtor's alleged non‑disclosure of a property disposal affected the petition
  3. 3 Whether a bankruptcy order should be made

Ratio Decidendi

The court, satisfied on the evidence that the debtor was unable to pay his debts and having regard to the withdrawal of the opposing creditor's opposition after the debtor's explanatory evidence, made a bankruptcy order and, given the agreement between the parties and the Official Receiver, made no order as to costs.

Court Disposition

Bankruptcy order made against debtor Yu Leung Hong; no order as to costs.

Orders

  • Bankruptcy order made against Yu Leung Hong.
  • No order as to costs.