Read the full judgment text of HCB 008385/2002 on BabelCite. This HCB judgment was delivered on 9 September 2002.
1. This is a petition filed by the debtor, Mr Liu Wing Kin for a bankruptcy order on the ground he is unable to pay his debts. The petition was initially opposed by the Standard Chartered Bank, a creditor to the extent of HK$208,559.58. According to the Statement of Affairs filed by the debtor, I am satisfied that he is unable to discharge his total indebtedness, there are two secured creditors and 25 unsecured creditors.