Read the full judgment text of HCB 000008/1971 on BabelCite. This HCB judgment.
1. This is an application by the Petitioners, the Shanghai Commercial Bank Ltd., for rescission of a Receiving Order in bankruptcy made on the ground that process in execution had been levied against the Debtor by seizure and sale of his goods. The judgment Creditor was the Chartered Bank Ltd. The Debtor was trading as a manufacturer of rubber goods. The total of debts so far proved amounts to $393,165.87 but I am informed by the Official Receiver that debts amounting to a further $81,000. are s