13 Jan 1984
RE NG KONG CHAU
- Citation
- RE NG KONG CHAU
- Court
- Court of First Instance
- Case number
- HCB149/1983
Petitioner failed to prove by positive evidence that unsecured creditors would receive a 15% dividend; the debtor was found credible, the Official Receiver was neutral and unlikely to uncover additional assets; therefore, in the exercise of the court's discretion under s.9(3) the petition is dismissed and a receiving order refused.