25 Sept 2020
RE CHIU CHI HONG
- Citation
- [2020] HKCFI 2486
- Court
- Court of First Instance
- Case number
- HCB1056/2019
The debt was undisputed and the statutory demand complied with Rule 44(5) because only debtor's securities must be stated; the petitioner reasonably estimated the Hanergy shares at nil given suspension and provided no credible evidence to the contrary; the petitioner took all reasonable steps to effect service; the debtor failed to comply with proposed repayment directions and presented no bona fide substantive dispute, therefore the court was obliged to make a bankruptcy order with costs.