Read the full judgment text of HCB 10035/2014 on BabelCite. This HCB judgment was delivered on 29 January 2018.
1. The Respondent (Ms Lai) used to be the agent of Prudential Assurance Company Limited (“ the Company ”). Her contracts with the Company were terminated within 18 months as she allegedly failed to meet the sales target. The Company issued a statutory demand for her to repay the sign-on fee of just over $5 million (“ the statutory demand ”) which Ms Lai failed to comply with. Ms Lai applied to set aside the statutory demand (“ the HCSD proceedings ”) but was not successful. Her appeal to the
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