23 Mar 2026
RE WONG YEE CHUK
- Citation
- [2026] HKCFI 1741
- Court
- Court of First Instance
- Case number
- HCB9063/2025
The debtor did not make a valid, unconditional offer to secure the debt under s.6D(3) because the purported proposals were conditional, inconsistent and not capable of acceptance; even if treated as an offer the proposed security was uncertain and likely insufficient given competing liabilities and the procedural and cross‑border impediments to distribution; the petitioner’s refusal was not unreasonable; accordingly a bankruptcy order was properly made for failure to comply with the statutory demand.