4 Jun 2025
NCM v. FLICBL
- Citation
- [2025] HKCFI 2476
- Court
- Court of First Instance
- Case number
- HCSD55/2024
The Applicant raised a bona fide dispute on substantial grounds—supported by contemporaneous evidence—that the Respondent unlawfully revoked production credit arising from the Disputed Policies and that the Applicant met the Contract-to-date PC Requirement; because these are genuine factual issues appropriate for trial and not for bankruptcy proceedings, the statutory demand could not stand and must be set aside, with costs to the Applicant.