27 Apr 2026
RE CHAN CHIU SUM ROYDEN
- Citation
- [2026] HKCFI 2255
- Court
- Court of First Instance
- Case number
- HCB6450/2025
The Debtor's defence that the Facility contravened the Money Lenders Ordinance was unarguable and frivolous; given the risk of insolvency affecting third parties and absence of any genuine dispute on indebtedness, the court exercised its discretion not to hold the parties to the exclusive jurisdiction clause and granted the usual bankruptcy orders against the Debtor and the co-guarantor, with costs to be paid out of the Debtor's estate.