Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Trustee in bankruptcy powers

Legal area

Court

30 Dec 2024

THE JOINT AND SEVERAL TRUSTEES OF THE PROPERTY OF THE BANKRUPT v. LEUNG YUET MEI

Citation

[2024] HKCFI 3373
Court

Court of First Instance
Case number

HCB2842/2023

The court granted the trustees' unopposed application for sale under section 6 of the Partition Ordinance because partition was impracticable, the trustees' interest had vested by reason of bankruptcy and been severed from the co-owner, the sale was necessary to realize the bankrupt's sole significant asset for creditors, and the respondent failed to show that refusal would benefit all co-owners or that sale would cause very great hardship.
20 Feb 2012

THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD v. HON KWOK CHING

Citation

THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD v. HON KWOK CHING
Court

Court of First Instance
Case number

HCB4042/2011

Because the respondent did not dispute the judgment debt, the earlier application for a stay of execution had been dismissed, and the connection between the petitioner and the related company did not render them the same legal entity, the court had no basis to delay or dismiss the petition and therefore made the usual bankruptcy order with costs.