Hong Kong Regulations

BANKRUPTCY RULES - RULE 40

Disallowance of costs of unnecessary petition

Caution: This is a past version. See the current version here.

In any case in which, after a bankruptcy petition has been presented by a
creditor against a debtor and before the hearing of such petition, the debtor
files a petition and a receiving order is made on the petition of the debtor,
unless in the opinion of the court the estate has benefited thereby or there
are special circumstances which make it just that such costs should be
allowed, no costs shall be allowed to the debtor or his solicitor out of the
estate. [cf. R. 119]