Read the full judgment text of HCB 005559/2006 on BabelCite. This HCB judgment was delivered on 8 May 2007.
1. This was the trial of a bankruptcy petition presented by NICS Engineering Limited (“the Petitioner”) against Thomas Seelen (“the Debtor”). The petition is based on alleged debts of US$140,000.00 and US$77,451.20, plus interest, which are said to be due from the Debtor to the Petitioner pursuant to a Deed of Guarantee dated 1 November 2005 to which they (and a company called Pacific Smart Consumer Products (HK) Limited (“PSCP”), of which the Debtor was formerly the managing director and chief
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