9 Apr 2026
RE SIT WAI
- Citation
- [2026] HKCFI 1941
- Court
- Court of First Instance
- Case number
- HCB9798/2025
The Mainland judgment, being duly registered and the subject of an uncomplied statutory demand, established the petitioning debt; the debtor admitted indebtedness but failed to demonstrate ability to pay or provide a concrete, particularized proposal to discharge or secure the debt; accordingly the court was obliged to make the usual bankruptcy order.