Read the full judgment text of HCMP 400/2022 on BabelCite. This High Court CFI judgment was delivered on 3 May 2024.
1. Upon a creditor’s petition, Leung Yat Tung (“ Bankrupt ”) was adjudged bankrupt in 2001. The Official Receiver was appointed Official Receiver and Trustee (“ ORT ”) of the Bankrupt’s estate. In 2007, ORT commenced proceedings (“ Avoidance Proceedings ”) to set aside the Bankrupt’s transfer of his shares in 2 companies to Harbour Front Ltd (“ HF ”). The Avoidance Proceedings were stayed by the Court in 2015 upon a settlement reached between ORT and HF.
Cites 5 cases