Read the full judgment text of HCA 295/2023 on BabelCite. This High Court CFI judgment was delivered on 11 July 2024.
1. The Plaintiff (“ P ’) was and is a licensed money lender. It commenced this action on 28 February 2023 to claim (a) against the 1 st Defendant (“ the Company ”), pursuant to a loan agreement dated 21 March 2019 (“ the Loan Agreement ”), for the repayment of the balance of the unpaid principal of the loan at HK$4,800,000 and interest accrued up to 28 February 2023 at HK$1,429,728 and interest thereafter at the contractual rate of 10% per annum until judgment and (b) against the 2 nd Defendant
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