Compliance & Enforcement
Compliance & Enforcement
Upon a debtor’s bankruptcy petition presented in November 2022, a bankruptcy order was made against the Defendant in January 2023.
Upon investigation, it was discovered that the Defendant failed to disclose his receipt of a gross sum of HK$180,000 representing wages and salary during the past 12 months in List H “Gross Wages and Salary before income tax is deducted (including overtime & penalty rates)” and therefore made a material omission in the Statement of Affairs.