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Sit Kwong Lam v Petrolimex Singapore Pte Ltd

Sit Kwong Lam v Petrolimex Singapore Pte Ltd [2019] 5 HKLRD 646; [2019] HKCA 1220
JurisdictionHong Kong
CourtCourt of Appeal (Hong Kong)
Year2019
StatusBinding authority

Key Principle

The court retains a discretion over a bankruptcy/winding-up petition where the underlying debt is subject to an arbitration agreement, and will discourage opportunistic invocation of the Lasmos approach by debtors who have not genuinely raised a dispute.

Area of Law

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Related Cases

Re Southwest Pacific Bauxite (HK) Ltd (Lasmos) Re Southwest Pacific Bauxite (HK) Ltd [2018] 2 HKLRD 449; [2018] HKCFI 426 (also reported as Lasmos Ltd v Southwest Pacific Bauxite (HK) Ltd)
Re Joint Liquidators of Supreme Tycoon Ltd Re Joint Liquidators of Supreme Tycoon Ltd (in liquidation in the British Virgin Islands) [2018] 1 HKLRD 1120; [2018] HKCFI 277
Fateh Muhammad v Commissioner of Registration Fateh Muhammad v Commissioner of Registration (2001) 4 HKCFAR 278; [2001] 2 HKLRD 659; FACV No 2 of 2001 (HKCFA, 20 July 2001)

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