30 Jun 2022
RCL SEMICONDUCTORS LTD AND OTHERS 對 LAI KAM YIN AND ANOTHER
- Citation
- [2022] HKCFI 1978
- Court
- Court of First Instance
- Case number
- HCA692/2013
The creditors failed to prove beyond reasonable doubt that the judgment debtor disposed of assets to evade the judgment or wilfully failed to make full disclosure or answer questions at the examination. Tax authority assessment and the debtor's documentary evidence established that the transferred shares had no material commercial value at the relevant time, and the other allegations (undisclosed bank accounts, cards and income sources) were not proven to the required criminal standard. Consequently the committal summons under Order 49B r1B(1)(b) and (c) is dismissed and costs are awarded to…