8 Jan 2019
RE TAM SIU KI
- Citation
- [2019] HKCFI 83
- Court
- Court of First Instance
- Case number
- HCB4035/2018
Debtor failed to establish any bona fide dispute with precise evidence; the debt was a liquidated sum; the Agreement expressly conferred absolute discretion on petitioner to refuse instructions and to decide whether and when to sell securities; industry-practice allegations lacked admissible evidence; the guarantee was validly executed and delivered; accordingly bankruptcy order (order nisi) was properly made.