Case Summary

Upon a debtor’s bankruptcy petition presented in January 2024, a bankruptcy order was made against the Defendant in March 2024.

Upon investigation, it was discovered that in around November 2023, the Defendant received from a provider of mandatory provident fund schemes in the total sum of HK$337,519.41 being the accrued benefit of his mandatory provident fund (“the MPF Payment”).

The Defendant failed to state that he had received the MPF Payment in List H of the Statement of Affairs and therefore made a material omission in the Statement of Affairs.