Read the full judgment text of HCA 009173/1981 on BabelCite. This High Court CFI judgment was delivered on 10 January 1985.
1. The plaintiff's claim is for the sum of HK$1,270,000 plus interest, being the balance of HK $2,000,000 which was the agreed price for the purchase by the defendant from the plaintiff of certain shares. While admitting the agreement for the sale and purchase of the shares, the defendant denies that the plaintiff was the owner of the shares and puts the plaintiff to strict proof thereof; and he counterclaims for the repayment of the sum of HK$730,000 paid to the plaintiff, and an additional sum