12 Apr 2019
RE LI WING SANG
- Citation
- [2019] HKCFI 924
- Court
- Court of First Instance
- Case number
- HCB4740/2018
The statutory demand was not set aside: the debtor failed to provide expert or transactional evidence to show the Hanergy shares had market value at the date of the demand that equalled or exceeded the petition debt; the petitioners valuation was not shown to be wrong in a way that caused prejudice to the debtor and later sales could not safely be used to infer earlier market value.