Read the full judgment text of HCSD 000019/1999 on BabelCite. This HCSD judgment was delivered on 10 June 1999.
1. This is an application by the Debtor to set aside the Statutory Demand dated 1 March 1999 issued by the Creditor. The Statutory Demand is based on the balance of legal costs and disbursements in connection with the preparation, negotiation and completion of a loan agreement ("the Loan Agreement") entered into by Ambitious Success Limited ("Ambitious Success") as the borrower and Permek Venture Limited ("PVL") as the lender on 22 April 1998.