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Hong Kong Case Law

Bona fide dispute on valuation
  • 20 Mar 2024

    RE SILVER BASE (HOLDINGS) LTD

    Citation
    [2024] HKCFI 855
    Court
    Court of First Instance
    Case number
    HCCW20/2023

    Leave to appeal the stay application is refused because the applicant failed to show arguable error in the winding-up decision: the authorities relied upon were inapplicable or distinguished, the petitioner is an undisputed creditor, the company has not shown security sufficient to the petitioner's reasonable satisfaction, and the alleged valuation dispute does not negate the unpaid debt.