21 Oct 2005
RE CHOI LAI MING
- Citation
- RE CHOI LAI MING
- Court
- Court of First Instance
- Case number
- HCB4390/2002
The court found on construction of the loan documents and CSRs and having regard to surrounding circumstances that the Government, not the FSI in its own right, was the lender and thereby a secured creditor with a charge over the debtor's salary, pension and other sums payable by the Government; accordingly the Government was entitled to continue the salary deductions to satisfy its security and the Official Receiver's claims for repayment and declaration were dismissed; moreover discharge does not impair a secured creditor's right to enforce its security under s.32(3) and a secured creditor…