Performance Pledge

Performance Pledge 2023-2024
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2022-2023 Achievements and 2023-2024 Performance Targets1
Service Standard
Response
Time
2022-2023
Achievement
(%)
2023-2024
Target
(%)
(1)Counter enquiry
Within 10 minutes 100% 100%
(2)Application for bankruptcy search and compulsory winding-up search
With effect from 2 November 2020, public search services for bankruptcy and compulsory winding-up records are provided online only. Members of the public can make public search online via GovHK. The search reports will be displayed instantly online upon fee payment.
(3)Application for Certificate of Non-bankruptcy2
Certificate issued within 2 working days from receipt 100% 100%
(4)Lodging Proof of Debt
(a)Issuing a receipt for Proof of Debt lodged in person
Within 10 minutes 100% 100%
(b)Obtaining assistance of officers to complete a Proof of Debt
Within 30 minutes 100% 100%
(5)Request for a copy of Statement of Affairs, subject to payment of photocopying fees
In 3 working days from payment of photocopying fees 100% 100%
(6)Distribution of dividend
(a)Distribution of dividend or interim dividend
Within 9 months from the date when the distribution is possible 100% 100%
(b)Payment of dividend by mail
Dividend cheques sent in 5 working days from the date of payment 100% 100%
(7)Holding a meeting of creditors in a non-summary case
(a)Winding-up case
Making a decision to hold a meeting within 8 weeks from the date of winding-up order 91.53% 90%
Holding a meeting within 12 weeks from the date of winding-up order 88.14% 90%
(b)Bankruptcy case
Making a decision to hold a meeting within 12 weeks from the date of bankruptcy order 98.22% 98%
Holding a meeting within 16 weeks from the date of bankruptcy order 98.58% 100%
(8)Processing written fund withdrawal requests from outside liquidators by the due dates, provided the specified notification periods are followed
(a)Pool Investment Scheme
(i)amount less than $10 million
Funds released in 3 working days from approval by Official Receiver (OR) 100% 100%
(ii)amount between $10 million and $15 million
Funds released in 5 working days from approval by OR 100% 100%
(iii)amount between $15 million and $20 million
Funds released in 10 working days from approval by OR 100% 100%
(b)Funds invested separately
In 2 working days before maturity of fixed deposit 100% 100%
(9)Processing invoices including liquidators’ bills and arranging payments
Processing invoices and arranging payments to vendors including liquidators’ bills Within 30 calendar days upon receipt of invoice 99.98% 99%
(10)Putting summary cases with insufficient assets for distribution on release programme
Within 12 months from the date of bankruptcy/winding up order 99.28% 97%

1On implementation of five-day week from 1 July 2006, with a view to maintaining our service standard, we undertake to clear genuine urgent requests, which are originally due on Saturday, by Friday as far as practicable.

2With effect from 25 January 2021, application for “Certificate of Non-Bankruptcy” can be made online via GovHK

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