RE WONG KUN SHING

RE WONG KUN SHING

A bankruptcy order was made because the petitioner established the judgment debt and statutory demand, the debtor offered no evidential dispute or defence, and the petitioner complied with s6B(1)(b) by estimating the security's value (HK$9,999) and clarifying the petition did not concern the secured portion, such...

Source-derived case information.

Citation
[2018] HKCFI 1368
Parties
Petitioner: MARINA BAY SANDS PTE LTD; Debtor: WONG KUN SHING (黃貫乘)
Court
Court of First Instance
Jurisdiction
Hong Kong
Judgment Date
15 June 2018
Case Number
HCB632/2018
Procedural Posture
Bankruptcy Proceedings / Bankruptcy Order Made (reasons for Judgment Delivered)
Outcome
Bankruptcy order made against the Debtor
Legal Topics
Bankruptcy Petition, Statutory Demand, Charging Order, Security Valuation, Bankruptcy Order
Source Language
en
Bankruptcy Insolvency Civil Procedure Bankruptcy Petition Statutory Demand Charging Order Security Valuation Bankruptcy Order

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Parties

MARINA BAY SANDS PTE LTD

Petitioner

WONG KUN SHING (黃貫乘)

Debtor

Procedural Posture

Bankruptcy Proceedings / Bankruptcy Order Made (reasons for Judgment Delivered)

Legal Issues

  1. 1 Whether a bankruptcy order should be made
  2. 2 Whether the debtor disputed the judgment debt
  3. 3 Whether the petitioning creditor's estimate of the value of the security was acceptable

Ratio Decidendi

A bankruptcy order was made because the petitioner established the judgment debt and statutory demand, the debtor offered no evidential dispute or defence, and the petitioner complied with s6B(1)(b) by estimating the security's value (HK$9,999) and clarifying the petition did not concern the secured portion, such estimate being reasonable given lack of up-to-date accounts.

Court Disposition

Bankruptcy order made against the Debtor

Orders

  • Bankruptcy order made against the Debtor
  • Costs awarded to the Petitioner