The pharmacist-turned-beekeeper, now known as Kupe Jiang, pleaded risk of bankruptcy to try and get out of paying court costs.
Decision relates to string of litigation over insolvency practice.
NZ Twitter user Alan Davison was sued by Tolga Kumova over several tweets.
The ex-Hawkins directors have made no admission of wrongdoing or liability.
FMA brought charges relating to trading in NZX-listed Rua Bioscience back in 2020.
