Read the full judgment text of HCSD 000034/2001 on BabelCite. This HCSD judgment was delivered on 7 March 2002.
1. This is an application to set aside a statutory demand served on the debtor Madam Tsui Fung Sin on 10 December 2001. The applicant was a former insurance agent of the respondent, Pacific Century Insurance Company Limited. The debt in the statutory demand is in the sum of HK$40,934.29 and it is made up of three elements being an advance payment of production bonus in the sum of HK$38,584.11, overpaid commissions due to the lapse of certain policies in the sum of HK$1,506.81 and interest on the