ASIAN OCEANIC BANK LIMITED (IN LIQUIDATION) v ASIAN OCEANIC NOMINEES LIMITED (IN LIQUIDATION)

Read the full judgment text of CACV 000101/1996 on BabelCite. This Court of Appeal judgment.

1. By an Originating Summons dated.3 December 1993, the plaintiffs interpleaded on the ownership of some 6.5m shares and 1.3m warrants registered in the name of the 2nd plaintiff company (in liquidation). The Originating Summons was heard on 4 October 1994 by Yeung J., sitting then as a Deputy Judge of the High Court. The issue of ownership of these shares and warrants were ordered to be tried between the 1st, 2nd and 3rd defendants. The shares and warrants were ordered to be deposited in court.