9 Apr 2018
RE YIP CHI HIM, ROGER
- Citation
- [2018] HKCFI 872
- Court
- Court of First Instance
- Case number
- HCB7535/2017
The court held the debtor's characterization of the judgment as a simultaneous two-way exchange was incorrect; the prior judgment awarded a liquidated sum payable and the creditor's undertaking to revert shares upon receipt does not negate the debt or prevent one-way enforcement; the statutory demand was not set aside or complied with and the petition must be allowed.