Read the full judgment text of DCMP 2083/2012 on BabelCite. This District Court judgment was delivered on 15 May 2013.
1. By an Originating Summons dated 20 August 2012, Wing Hang Bank Limited (“ the Bank ”) applies for interpleader relief under Order 17 rule 3 of the RDC in relation to the credit balances in three accounts maintained in the name of Eric Shea Kim Hotung (“ ESK Hotung ”). The Bank makes this application in the light of a rival claim of the said balances by Hotung Investment (China) Limited (“ the Company ”). The Company holds trust properties of the Hotung Family, which needs no introduction.
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