8 Nov 2001
RE: CHOW YUEN MAN and EX PARTE: CMG ASIA LTD.
- Citation
- RE: CHOW YUEN MAN and EX PARTE: CMG ASIA LTD.
- Court
- Court of First Instance
- Case number
- HCB753/2001
Petitioner failed to establish on the available evidence that the debtor had 'joined' Aetna within the relevant 12-month period such that the excess guaranteed income was payable at the date of the statutory demand; registration alone was insufficient proof and the undisputed loan balance was below the bankruptcy threshold, therefore the petition based on that statutory demand must be dismissed.