RE HO YING PAT BOBBY
The application for a stay was refused because section 6(7) of the Legal Practitioners' Ordinance causes the practising certificate to terminate on the grant of a Bankruptcy Order and a temporary stay would not reinstate it; courts do not grant general stays pending appeal that would prejudice creditors; the appellant lacked a real prospect of success; continuation of litigation by the bankrupt pending appeal is not permitted absent exceptional circumstances and indemnity.
- Citation
- RE HO YING PAT BOBBY
- Parties
- Judgment Debtor: HO YING PAT BOBBY; Judgment Creditor: OVERSEAS WAY (CHINA) LIMITED; Official Receiver: Official Receiver
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 7 January 2010
- Case Number
- HCB1946/2009
- Procedural Posture
- Bankruptcy / Application for Stay of Bankruptcy Proceedings Pending Appeal (post Bankruptcy Order)
- Outcome
- Application for stay refused on any terms pending the appeal
- Legal Topics
- Stay of Proceedings, Practising Certificate Termination, Appeal Prospects, Continuation of Litigation by Bankrupt, Official Receiver Duties
- Source Language
- EN
Case Brief
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Parties
HO YING PAT BOBBY
Judgment Debtor
OVERSEAS WAY (CHINA) LIMITED
Judgment Creditor
Official Receiver
Official Receiver
Procedural Posture
Bankruptcy / Application for Stay of Bankruptcy Proceedings Pending Appeal (post Bankruptcy Order)
Legal Issues
- 1 Whether to grant a temporary stay of bankruptcy proceedings pending an appeal
- 2 Whether a stay would permit restoration or reissuance of a practising certificate
- 3 Whether the proposed appeal has a real prospect of success
Ratio Decidendi
The application for a stay was refused because section 6(7) of the Legal Practitioners' Ordinance causes the practising certificate to terminate on the grant of a Bankruptcy Order and a temporary stay would not reinstate it; courts do not grant general stays pending appeal that would prejudice creditors; the appellant lacked a real prospect of success; continuation of litigation by the bankrupt pending appeal is not permitted absent exceptional circumstances and indemnity.
Court Disposition
Application for stay refused on any terms pending the appeal
Orders
- Application for a stay of the bankruptcy proceedings refused
- Judgment creditor's costs are costs in the bankruptcy; Official Receiver's costs assessed at HK$5,000 to be paid out of the assets of the bankrupt estate
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