24 Mar 2021
LAW v. CHANG
- Citation
- [2021] HKCFI 789
- Court
- Court of First Instance
- Case number
- HCSD48/2020
The statutory demand was set aside because the only undisputed element of the claimed debt (costs of $6,100) was below the statutory bankruptcy threshold of $10,000 so there was no basis for a bankruptcy petition; accordingly the demand could not fulfill its statutory purpose and must be set aside under the court's powers in r48(5)(d) and related authorities.