Read the full judgment text of HCB 6350/2011 on BabelCite. This HCB judgment was delivered on 23 August 2012.
1. There is before this court a bankruptcy petition presented by Bank of China (Hong Kong) Ltd (“the Bank”) against Ms Yuen Mun Wa (“Ms Yuen”). According to the petition, Ms Yuen is indebted to the Bank in the sum of HK$4,076,175.75 together with interest of HK$2,127,828.30 which continues to accrue (“the Debt”). The Debt arose from an unlimited guarantee dated 26 May 1999 (“the Guarantee”) executed by, inter alia , Ms Yuen in favour of Po Sang Bank Ltd (“Po Sang Bank”) by which she guaranteed
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