Read the full judgment text of HCB 3121/2021 on BabelCite. This HCB judgment was delivered on 11 December 2025 before 聆案官黃健棠.
Bankruptcy law – Suspension of automatic discharge – Non-cooperation – Concealment of assets – Costs – The trustees applied to suspend the automatic discharge of the bankrupt's bankruptcy order under section 30A of the Bankruptcy Ordinance. The court found the bankrupt had concealed mainland investments and HK property, failed to respond to inquiries, and submitted inaccurate annual reports. The court held the bankrupt's behavior was unsatisfactory and non-cooperative. The bankruptcy order was suspended for 2 years. The bankrupt was ordered to pay the trustees' costs, summary assessed at $83,000.
Legal issues: 受託人投訴是否成立 · 是否應延長破產令及延長時間
Outcome: Bankruptcy order automatic discharge suspended for 2 years; Bankrupt to pay Trustee's costs
Cited by 1 case · Cites 5 cases