Read the full judgment text of HCB 010375/2002 on BabelCite. This HCB judgment was delivered on 26 November 2002.
1. These are creditor's petitions. The debtors are all shareholders of Health 11Frozen Foods Company Limited ("HF Foods"). The petitioner granted banking and overdraft facilities to HF Foods pursuant to a banking facilities letter dated 19 December 1995 ("the Facilities Letter"). The debtors are guarantors under a personal guarantee dated 27 December 1995 ("the Guarantee"), providing guarantee to the banking and overdraft facilities so advanced to HF Foods by the petitioner. A legal charge in fa