26 Nov 2002
RE LEUNG SIU CHUNG HENRY
- Citation
- RE LEUNG SIU CHUNG HENRY
- Court
- Court of First Instance
- Case number
- HCB10379/2002
The debtors failed to prove any material variation of the Facilities Letter; the alleged conduct was not established and, in any event, clause 3.05 of the Guarantee covered the alleged indulgence/variation so the guarantors were not discharged; expert evidence proffered without leave was inadmissible; trust receipt and overdraft facilities are distinct and any defect in the trust receipt part would not discharge liability for the overdraft; accordingly bankruptcy orders were made against each debtor.