22 Jun 2001
SIN HUA BANK LTD., HONG KONG BRANCH v. GOLD COLOUR INVESTMENTS LTD. AND OTHERS
- Citation
- SIN HUA BANK LTD., HONG KONG BRANCH v. GOLD COLOUR INVESTMENTS LTD. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA9056/2000
The alleged Arrangement, as pleaded and advanced by the defendants, disclosed no reasonable defence because it lacked consideration or estoppel and was contradicted by contemporaneous documents (facility confirmations, undertakings, account statements and charge records); accordingly there was no triable issue and the master's order granting leave to defend was set aside, with final judgment entered for the plaintiff.