Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Mortgage shortfall
  • 27 Jun 2005

    RE FAITH DEE LTD

    Citation
    RE FAITH DEE LTD
    Court
    Court of First Instance
    Case number
    HCCW237/2005

    The court made a winding-up order because the petitioner proved enforceable judgments, established a remaining indebtedness of HK$9,024,366.97 after realization of secured property, served a demand and negotiations failed, demonstrating the company could not pay its debts.