Re Tam Mei Kam

Read the full judgment text of HCB 3777/2011 on BabelCite. This HCB judgment was delivered on 14 September 2016.

1. This is an application by the bankrupt Madam Tam for an order to stop the trustees of her bankruptcy from arguing that a lump sum maintenance that may be ordered in her favour during the currency of her bankruptcy may be after-acquired property pursuant to section 43A of the Bankruptcy Ordinance, Cap 6.

Cited by 28 cases · Cites 1 case

Case No.HCB 3777/2011
Court
HCB
Date14 Sep 2016
Judge
Case Document
100%Judiciary

HCB 3777/2011

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

BANKRUPTCY PROCEEDINGS NO. 3777 OF 2011

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Re: TAM MEI KAM

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  IN THE MATTER of an application under section 83 by TAM KEI KAM to set aside a decision of the Joint Trustees as last repeated in a letter dated 15 February 2016 in contravention of section 43A(5), both of the Bankruptcy Ordinance, Cap 6

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Before: Hon L Chan J in Court
Date of Hearing: 8 March 2016
Date of Decision: 14 September 2016

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D E C I S I O N

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1.This is an application by the bankrupt Madam Tam for an order to stop the trustees of her bankruptcy from arguing that a lump sum maintenance that may be ordered in her favour during the currency of her bankruptcy may be after-acquired property pursuant to section 43A of the Bankruptcy Ordinance, Cap 6.

2.As a matter of logistics, this application, which was issued on 23 February 2016, is unnecessary.  Madam Tam has applied for maintenance including a lump sum maintenance in HCMP 2981/2004.  No date was fixed on 23 February or has now been fixed for the hearing of that application.

3.Subject to rude awakenings, Madam Tam is expected to be discharged from her bankruptcy no later than 25 April 2016.

4.It could be anticipated on 23 February and can still be anticipated that it would be extremely unlikely that a lump sum maintenance would be ordered in HCMP 2981/2004 in favour of Madam Tam on or before 25 April 2016.  Hence, it was unlikely as at 23 February and still is unlikely that there would be an occasion for the trustees to argue that the lump sum maintenance is after-acquired property.  This application should not have been taken out for this reason alone.

5.Furthermore, Madam Tam’s application is for an order on a hypothetical situation, namely the court ordering a lump sum maintenance in her favour during her bankruptcy.  Such an order may or may not be made.  Hence, this application is also ill advised as it seeks an order to cover a hypothetical situation.  If a lump sum maintenance should indeed be ordered in her favour during her bankruptcy and the trustees should then seek to appropriate the lump sum on the basis that such is after-acquired property, then Madam Tam and the trustees can argue the matter out then.  But there is no such order yet and Madam Tam’s application is pre-mature.

6.For these reasons, I dismiss Madam Tam’s application.  I also make a costs order nisi that Madam Tam do pay the trustees the costs of this application to be taxed.

  (Louis Chan)
Judge of the Court of First Instance
High Court

The Applicant: Tam Mei Kam, appeared in person

Ms Leong Wai Sum, of ONC Lawyers, for the 5th Respondent

Attendance of Clifford Chance, for the 1st Respondent was excused

Attendance of the Official Receiver was excused