11 May 2012
DBS BANK (HONG KONG) LTD v. NG YUEN KWAN
- Citation
- DBS BANK (HONG KONG) LTD v. NG YUEN KWAN
- Court
- Court of First Instance
- Case number
- HCB15657/2009
The petitions were dismissed because the petitioner failed to comply with r.46(2) of the Bankruptcy Rules by not taking all reasonable steps to bring the Statutory Demands to the debtors' attention — specifically the petitioner knew of related PRC guarantors, addresses and a restructuring that made PRC contacts and the liquidators of Diorva HK obvious and reasonably accessible avenues of enquiry, and it failed to use relatively simple communications (letters, fax, telephone, email) or to inquire of liquidators; the petitioner did not discharge the burden of showing such steps would not have b…