27 Mar 2000
RE: YEUNG LIU WING CHAU, PAMELA ("the Debtor") and EX PARTE: LI MEI TRADING CO. ("the Petitioner")
- Citation
- RE: YEUNG LIU WING CHAU, PAMELA ("the Debtor") and EX PARTE: LI MEI TRADING CO. ("the Petitioner")
- Court
- Court of First Instance
- Case number
- HCB3637/1999
Bankruptcy orders were made and the adjournment refused because the admitted debt was substantial and the proposed repayment plan was speculative and unsupported by evidence of likely future profits or continued employment; therefore the proposal did not provide a reliable means of repayment to justify delaying bankruptcy orders.