Read the full judgment text of HCMP 5172/2002 on BabelCite. This High Court CFI judgment was delivered on 26 July 2006.
1. This was the trial of consolidated Originating Summons proceedings, issued by Wing Hang Bank, Limited ("the Bank"), against Kit Choy Development Limited ("Kit Choy") and Mr Choy Bing Wing ("Mr Choy"). By these proceedings, the Bank seeks to recover moneys allegedly owing by Kit Choy to the Bank under banking facilities provided by the Bank at Kit Choy's request. The facilities in question consisted of a total of three irrevocable banker's guarantees, issued by the Bank in favour of third pa
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