Read the full judgment text of HCMP 1101/2011 on BabelCite. This High Court CFI judgment was delivered on 29 November 2011.
1. Karson Oten Fan, Karno (“the bankrupt”) was a well-known tutor. He was adjudicated bankrupt on 24 November 2010. His trustee in bankruptcy commenced HCMP1101 of 2011 to set aside various transactions named in the originating summons on the ground that they were transactions at an undervalue within the meaning of section 49 of the Bankruptcy Ordinance and as such are void and/or are dispositions with the intent to defraud creditors and are therefore voidable and have been voided pursuant to se