RE CHEUNG SAU YIN
The judgment debt was valid and enforceable; the debtor failed to comply with the statutory demand and is therefore deemed unable to pay under s.6A(1)(a); the debtor did not establish a bona fide dispute on substantial grounds; accordingly a bankruptcy order was properly made against the debtor.
- Citation
- [2024] HKCFI 1816
- Parties
- Petitioner: LAI TAK CHUNG (賴得鐘); Debtor: CHEUNG SAU YIN (張秀賢); Official Receiver: Official Receiver
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 11 July 2024
- Case Number
- HCB1779/2024
- Procedural Posture
- Bankruptcy Petition / Hearing of Petition and Bankruptcy Order Made (judgment)
- Outcome
- Bankruptcy order made against the debtor
- Legal Topics
- Statutory Demand, Deemed Inability to Pay, Bona Fide Dispute, Bankruptcy Order, Default Judgment
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
LAI TAK CHUNG (賴得鐘)
Petitioner
CHEUNG SAU YIN (張秀賢)
Debtor
Official Receiver
Official Receiver
Procedural Posture
Bankruptcy Petition / Hearing of Petition and Bankruptcy Order Made (judgment)
Legal Issues
- 1 Whether the debtor is deemed unable to pay under s.6A(1)(a) of the Bankruptcy Ordinance following non-compliance with a statutory demand
- 2 Whether the debtor has established a bona fide dispute on substantial grounds to resist the bankruptcy petition
- 3 Whether the court should go behind the prior judgment against the debtor
Ratio Decidendi
The judgment debt was valid and enforceable; the debtor failed to comply with the statutory demand and is therefore deemed unable to pay under s.6A(1)(a); the debtor did not establish a bona fide dispute on substantial grounds; accordingly a bankruptcy order was properly made against the debtor.
Court Disposition
Bankruptcy order made against the debtor
Orders
- Usual bankruptcy order made against the debtor Cheung Sau Yin
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