Read the full judgment text of HCB 1901/2020 on BabelCite. This HCB judgment was delivered on 28 September 2020.
1. This is the Bankrupt’s application to rescind the bankruptcy order made against him by this Court on 3 August 2020 pursuant to section 98(1) of the Bankruptcy Ordinance, Cap 6 (“ BO ”) and the inherent jurisdiction of the Court. The grounds are that the Bankrupt has entered into an Agreement to sell his interest in a partnership subject to the condition that the bankruptcy order is set aside. Further, he is due to receive loans and funds. The monies to be received by him would enable him t
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