27 Oct 2021
RE CAO ZHONG
- Citation
- [2021] HKCFI 3143
- Court
- Court of First Instance
- Case number
- HCB7887/2020
Court held it had jurisdiction: debtor was ordinarily resident in Hong Kong during the relevant period and had one or more places of residence in Hong Kong; carrying on business and domicile of choice were not made out. Petitioner discharged its high burden under Rule 46(2) by taking reasonable steps to bring the statutory demand to debtor's attention (service at contractual Hong Kong address, enquiries, advertisement), and reliance on the notice clause was reasonable. Petitioner expressly agreed in the petition to abandon security on bankruptcy, so security did not bar the petition; valuatio…