Read the full judgment text of HCA 003121/2002 on BabelCite. This High Court CFI judgment was delivered on 12 October 2006.
1. This is a claim under a guarantee for moneys advanced to and otherwise due by the principal debtor called W. Ho Civil Engineering and Construction Company Limited (W. Ho). W. Ho became insolvent and has been wound up on a creditor’s petition. A director and the majority shareholder called Chow Ho Kin also guaranteed the debt. But he, too, had no money and has been made bankrupt. The plaintiff thus turns to Mr Chow’s co-guarantor, his younger brother, for recovery of moneys now due.
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