15 Jun 2010
CHINA MERCHANTS BANK CO LTD AND ANOTHER v. CHENG CHAO MING
- Citation
- CHINA MERCHANTS BANK CO LTD AND ANOTHER v. CHENG CHAO MING
- Court
- Court of Appeal
- Case number
- CACV136/2009
Section 30A(3) must be construed as not envisaging multiple postponements; the statutory scheme contemplates a single exercise of the suspension power up to the specified further period, yielding a maximum total bankruptcy period of eight years for a first-time bankrupt; consequently the court had no jurisdiction to grant a further postponement after the first and the Master’s subsequent order was set aside.