Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Insufficiency of assets

Legal area

Court

6 May 2002

RE CHAN HO WAI

Citation

RE CHAN HO WAI
Court

Court of First Instance
Case number

HCB12944/2001

On the evidence in the statement of affairs the court was satisfied the debtor could not pay his debts, the opposing creditors produced no detailed evidence of cash receipts or assets, and the Official Receiver's statutory powers to investigate and recover assets will protect unsecured creditors; therefore a bankruptcy order was made.
19 Nov 1985

RE MOK KWOK HOO

Citation

RE MOK KWOK HOO
Court

Court of First Instance
Case number

HCB403/1985

A receiving order was warranted in the exercise of the court's discretion because the judgment debt was established, debtor evidence was vague and unsatisfactory, significant unexplained receipts and liabilities existed and a thorough investigation by the Official Receiver was required; the contested burden of proof issue did not affect this outcome.