28 Jul 1982
RE MADAM YAU CHUK YING
- Citation
- RE MADAM YAU CHUK YING
- Court
- Court of First Instance
- Case number
- HCB73/1981
The court held that the company-liquidator principle does not automatically apply to bankruptcy interim receivers; on the facts the Official Receiver did not take or retain possession of the leasehold premises "for the convenience of" the bankruptcy or to realise the assets to better advantage, therefore the unpaid rent for the period in issue was not an expense under s.37(1) and was provable only as an ordinary debt.