28 Jul 2004
RE MAK KAM LING
- Citation
- RE MAK KAM LING
- Court
- Court of First Instance
- Case number
- HCB8606/2001
The stay under section 9(5) was removed and the petitions dismissed because there was a material change of circumstances (no realistic prospect of criminal prosecution and substantial, unexplained delay in commencing and prosecuting the civil proceedings) causing prejudice to the debtors; the security paid into court covered the alleged indebtedness and the disputes as to liability should be resolved by the civil court, not by continuing to secure relief by way of a stay in the bankruptcy forum.