24 Jan 2025
RE ZHU GUOLING
- Citation
- [2025] HKCFI 458
- Court
- Court of First Instance
- Case number
- HCB462/2024
The petition must be dismissed because the Petitioner failed to prove jurisdiction under s4 of the Bankruptcy Ordinance (no settled place of residence, no change of domicile to Hong Kong, and no carrying on of business in the Debtor's personal capacity) and, on the merits, there is a bona fide dispute because the Guarantee, strictly construed, did not cover the indebtedness under the FAAA/Exchange Offer and any transfer/variation arguably discharged the guarantor.