3 Dec 2013
RE TSANG WING LAM
- Citation
- RE TSANG WING LAM
- Court
- Court of First Instance
- Case number
- HCB1203/2013
The stay application was dismissed because the pending appeal was not shown to be bona fide or sufficiently arguable, the bankrupt failed to provide credible evidence of ownership or imminent receipt of sale proceeds of the alleged goods, the bankrupt had not cooperated with the Official Receiver or filed a Statement of Affairs, the bankruptcy order had been gazetted so there were no effective steps to stay, and granting a general stay would prejudice creditors and impede estate administration.