Read the full judgment text of HCMP 209/1999 on BabelCite. This High Court CFI judgment was delivered on 26 May 2000.
1. By way of Originating Summons the plaintiff sought possession of a property at Bisney Road which was mortgaged to the plaintiff by way of a second legal charge dated 15/7/1998 ('legal charge'), which was for a loan of $1.1 million to be repaid after six months, i.e. On 14/1/1999. It is expressly provided in the legal charge that the defendants would pay interest in the sum of $55,000 per month until full discharge of the loan. The Bisney Road property has been sold by the defendants and they
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