Read the full judgment text of DCCJ 2166/2019 on BabelCite. This District Court judgment was delivered on 16 February 2022.
1. This is an action brought by the plaintiff, a money lender licensed under the Money Lenders Ordinance (Cap 163), for recovery of money from the defendant under a Loan Agreement and a Personal Loan Agreement dated 24 October 2014 in the total sum of HK$1,332,568.68,with further interest on the principal sum of HK$1,200,000 at the rate of 24% per annum (the “ Loan ”).
Cites 5 cases