22 Apr 2020
RE MARGARET CHIU
- Citation
- [2020] HKCFI 617
- Court
- Court of First Instance
- Case number
- HCB7106/2018
The court refused admission of the late affirmation and, applying s6A and s6D of the Ordinance and the objective reasonableness test, found the debtor failed to show ability or a reasonable prospect to pay and failed to demonstrate that no reasonable hypothetical creditor would have refused her offers; the offers were uncertain, lacked timely disclosure and adequate security, and the petitioning creditor's refusal was reasonable; accordingly a bankruptcy order was made against the debtor.