Read the full judgment text of HCMP 000498/2008 on BabelCite. This High Court CFI judgment was delivered on 2 April 2008.
1. The judgment debtor was adjudicated bankrupt on 10 December 2007. The bankruptcy petition was based on a statutory demand dated 17 May 2007. The debt relied on in the statutory demand was a sum of HK$8,386,346.99 less HK$368,000.00 being the total amount for the security held making a net sum of HK$8,018,346.99. That figure included a sum of HK$3,634,555.71 being the amount of a judgment debt. The balance was made up of interests on the judgment debt. The judgment which was relied on in