RE HASAN HAROON

RE HASAN HAROON

The court made a bankruptcy order because the debtor failed to satisfy the statutory demand, did not produce admissible evidence to show a genuine dispute as to the amount claimed, could not show available funds that could be applied to his personal debt, and had been repeatedly granted indulgence without repayment.

Citation
[2021] HKCFI 562
Parties
Petitioner: Easy One Finance Limited; Debtor: Hasan Haroon; Official Receiver: Official Receiver
Court
Court of First Instance
Jurisdiction
Hong Kong
Judgment Date
3 March 2021
Case Number
HCB4760/2019
Procedural Posture
Bankruptcy Proceedings / Bankruptcy Petition Heard; Reasons for Judgment and Bankruptcy Order Made
Outcome
Bankruptcy order made against Mr Hasan Haroon
Legal Topics
Statutory Demand, Bankruptcy Order, Personal Guarantee, Interest Calculation, Proof of Debt, Adjournment
Source Language
EN
Bankruptcy Insolvency Contract Civil Procedure Debt Recovery Statutory Demand Bankruptcy Order Personal Guarantee +3 more

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Parties

Easy One Finance Limited

Petitioner

Hasan Haroon

Debtor

Official Receiver

Official Receiver

Procedural Posture

Bankruptcy Proceedings / Bankruptcy Petition Heard; Reasons for Judgment and Bankruptcy Order Made

Legal Issues

  1. 1 Whether the debtor is unable to pay the debt such that a bankruptcy order should be made
  2. 2 Whether there is a genuine dispute as to the amount claimed by the petitioner
  3. 3 Whether late documents and assertions about future funds are admissible or sufficient to resist the petition

Ratio Decidendi

The court made a bankruptcy order because the debtor failed to satisfy the statutory demand, did not produce admissible evidence to show a genuine dispute as to the amount claimed, could not show available funds that could be applied to his personal debt, and had been repeatedly granted indulgence without repayment.

Court Disposition

Bankruptcy order made against Mr Hasan Haroon

Orders

  • Bankruptcy order made against Mr Hasan Haroon