Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Mpf vested benefits
  • 26 Nov 2021

    有關張偉光的事宜

    Citation
    [2021] HKCFI 3571
    Court
    Court of First Instance
    Case number
    HCB8554/2020

    Excluding the statutory MPF accrued benefits (which are not presently withdrawable), the debtor was insolvent and therefore satisfied s.10(1) of the Bankruptcy Ordinance; the respondent failed to prove that the debtor had available assets or income sufficient to meet his listed debts, and unpaid maintenance is not a provable debt in bankruptcy, so a bankruptcy order was properly granted.