25 Jun 2014
RE YAU CHIN CHI
- Citation
- RE YAU CHIN CHI
- Court
- Court of First Instance
- Case number
- HCB7916/2013
Applying the cash-flow test, the court found on the evidence that the Debtor was unable to pay his debts as they fell due (loss of employment, ongoing borrowings, and instalment obligations); the Petition was not an abuse of process and a bankruptcy order was properly made against the Debtor.