29 May 2023
CHEN YUNG NGAI KENNETH AND ANOTHER v. THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD
- Citation
- [2023] HKCFI 1429
- Court
- Court of First Instance
- Case number
- HCB3819/2011
The trustees established the threshold of reasonable suspicion under s29 BO because OLN's disclosure showed substantial remittances from an Unidentified Account to OLN in respect of litigation benefiting the bankrupt and his nominees; the documents sought relate to the bankrupt and are reasonably required for the trustees to trace and recover assets; HSBC is able to provide the records and did not oppose disclosure; accordingly the court granted an order under s29 BO requiring HSBC to produce the specified account records within 42 days and refused an order for costs.