Read the full judgment text of HCB 010174/2008 on BabelCite. This HCB judgment was delivered on 10 February 2010.
1. This was the hearing of a bankruptcy petition presented by Mr Lo Tong Hoi (“Mr Lo”) against Kwok Yuk Leung Paul (“Mr Kwok”). The petition was based on a debt of HK$1,143,785.21, which represented the outstanding balance of a loan of HK$1,498,537 advanced by Mr Lo to Mr Kwok on 1 September 1999, after adding interest that had accrued on the outstanding principal amount from time to time, and deducting periodic (and not always regular) repayments made by Mr Kwok between September 1999 and Decem