10 Dec 2021
RE SNG ALLAN, also known as SNG HOCK SENG
- Citation
- [2021] HKCA 1847
- Court
- Court of Appeal
- Case number
- CACV465/2018
s.6B(1)(b) of the Bankruptcy Ordinance permits a petitioning secured creditor to estimate the value of its security at nil without being required to surrender the security; the Construction Ground failed and the Valuation Ground could not be raised on appeal because it was not contended below and would have required evidence; appeal dismissed and bankruptcy order affirmed.