5 Mar 2020
RE LEE MING CHEUNG
- Citation
- [2020] HKCFI 297
- Court
- Court of First Instance
- Case number
- HCB607/2019
The summons to stay the bankruptcy petition was dismissed because the applicant failed to show the appeal was arguable: contemporaneous evidence of telephone calls, appointment attempts, advertisement and posting established reasonable steps and notice of the statutory demand so the service ground was not arguable; and the petitioning debt was admitted by the applicant and was a sum ascertainable by reference to market data, therefore a liquidated claim capable of founding a statutory demand, so the liquidated-sum ground was not arguable. Absent an arguable appeal there was no basis to exerci…