15 Jul 2009
Z ZHU V C XU AND ORS HC AK CIV 2005-404-006817
- Citation
- openlaw-c233d515_1115_4383_977c_4a12bf832d91.pdf
- Court
- High Court
Leave to file the interlocutory application out of time and the application to vary the assets preservation order were declined because the defendant's delay was inexcusable and inadequately explained, the plaintiff would suffer substantial prejudice by altering the commercial dynamics on which she relied, and practical impediments (a caveat preventing mortgage registration and risk of security being voidable in bankruptcy) further undermined the justification for variation.