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Hong Kong Case Law

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Insolvency law [2026] HKCFI 1780

THE JOINT AND SEVERAL LIQUIDATORS OF SHANGHAI HUAXIN GROUP (HONGKONG) LTD (IN LIQUIDATION) v. CSSC ENERGY (SINGAPORE) PTE. LTD

The Court held that an offset agreement extinguishing a US$37.97 million receivable was a transaction at an undervalue, rejected abuse of process, and revived the claim.

  • Transaction at an undervalue
  • Set aside transaction
  • Section 265d
  • Statutory defence
  • Abuse of process
  • Restitution and remedies
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Insolvency [2026] HKCFI 521

ZHENGTAN HOLDINGS LTD (IN LIQUIDATION) AND ANOTHER v. YU LING LING AND ANOTHER

The Court of First Instance granted declarations invalidating Zhengtan board resolutions and related PRC corporate acts, and ordered indemnity costs against the defendants.

  • Declaratory relief
  • Invalidity of director appointments
  • Corporate irregularity
  • Liquidators' supervisory jurisdiction
  • Breach of fiduciary duty
  • Costs (indemnity)
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Bankruptcy and insolvency [2025] HKCA 1107

THE JOINT AND SEVERAL TRUSTEE OF THE PROPERTY OF SO CHING WAN v. ASSEN LTD (IN LIQUIDATION) AND OTHERS

The Court of Appeal dismissed a challenge to taxed costs, holding that a liquidator acting for a wound-up company could recover costs as a litigant in person under Order 62 r.28A.

  • Taxation of costs
  • Litigant in person costs
  • Indemnity costs
  • Liquidator remuneration
  • Leave to defend / sanction under companies ordinance
  • Standard of review of taxing master
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Company law [2025] HKCFI 2094

WONG SAI CHUNG AND OTHERS v. THE JOINT AND SEVERAL LIQUIDATORS OF CHINA PROPERTIES GROUP LTD (IN LIQUIDATION)

The Court dismissed the liquidators’ bid to vary a costs order to indemnity costs, holding the plaintiffs’ opposition was not unreasonable to a high degree.

  • Indemnity costs
  • Party to party costs
  • Variation of costs order
  • Inspection of books and records
  • Statutory basis for relief (companies ordinance ss197 and 286b)
  • High court ordinance s53
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Insolvency law [2025] HKCFI 1456

RE TRILLION GLORY LTD

The court dismissed two winding-up petitions because the petitioner was a secured creditor with no real interest in winding up companies whose assets were effectively encumbered.

  • Winding-up petition
  • Security interests and enforcement
  • Standing/real interest to petition
  • Receivership
  • Statutory demand
  • Valuation evidence
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Company law [2025] HKCFI 1306

THE JOINT AND SEVERAL LIQUIDATORS OF DAYS INTERNATIONAL LTD (IN LIQUIDATION) v. MAHESH NANIK DAYARAM

The Court of First Instance ordered interest on two liquidation judgments against Mahesh Nanik Dayaram, at 1% over Hong Kong prime from 12 December 2011 until judgment.

  • Liquidation
  • Post-judgment interest
  • Judgment enforcement
  • Interest rate determination
  • Post-judgment-interest
  • Judgment-enforcement
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Company law [2024] HKCA 946

RE NEW SHINE GROUP LTD

The Court of Appeal refused leave to adduce fresh evidence in a winding-up appeal, holding the material could with reasonable diligence have been presented below.

  • Liquidation
  • Proof of debt
  • Liquidated vs unliquidated debt
  • Voting rights of creditors
  • Admission of new evidence (ladd v marshall)
  • Acknowledgement/admission of debt
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Insolvency law [2024] HKCFI 2542

THE JOINT AND SEVERAL LIQUIDATORS OF SHANGHAI HUAXIN GROUP (HONGKONG) LIMITED (IN LIQUIDATION) v. HUAINAN MINING INDUSTRY INTERNATIONAL LTD

The Court of First Instance dismissed an adjournment bid and set aside a deed as an undervalue transaction under section 265D in a liquidation matter.

  • Undervalue transaction
  • Section 265d cap 32
  • Stay in favour of arbitration
  • Arbitrability of anti-avoidance claims
  • Leave to appeal under section 14ab hco
  • Unless order and compliance
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Company law [2024] HKCFI 2034

RICH REGION HOLDINGS LTD v. GOLD BRILLIANT INVESTMENT LTD AND OTHERS

The court held that a loan agreement and share charge over Gold Brilliant shares were shams, so Seashore acquired no interest. It also declared sums owing to Rich Region and Concept Pioneer.

  • Sham transactions
  • Share charge
  • Assignment
  • Receivership
  • Liquidation
  • Proprietary title to shares
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Hong Kong decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.