Read the full judgment text of HCMP 2766/2015 on BabelCite. This High Court CFI judgment was delivered on 9 August 2017.
1. This is the application by the 2 nd respondent (“R2”) and 3 rd respondent (“R3”) [1] for payment out of court regarding the funds which have paid in by the applicant (“the Bank”) pursuant to Order 92, rule 2 of the Rules of the High Court (“RHC”), Cap 4A and section 62 of the Trustee Ordinance, Cap 29. [2] The funds, which are the subject matters of this application, consist of 6 fixed deposits in the total amount of CAD1,652,897.35 and NZD3,714,179.34 held originally in an account with the B