Read the full judgment text of CACV 232/2022 on BabelCite. This Court of Appeal judgment was delivered on 27 June 2023.
1. Peter Ng J dismissed the applicant’s application to set aside a statutory demand dated 5 May 2021 (‘the statutory demand’) issued by the respondent for the sum of HK$52 million (‘the debt’) and gave permission to the respondent to present a bankruptcy petition against the applicant after seven days. The applicant appealed. We dismissed the appeal at the conclusion of the hearing. There are the reasons for our decision.
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