THE INDUSTRIAL & COMMERCIAL BANK OF CHINA, SHENZHEN BRANCH v NEW INTERNATIONAL (GROUPS) LIMITED (formerly known as RICH MATE INDUSTRIAL LIMITED)

Read the full judgment text of HCA 018944/1998 on BabelCite. This High Court CFI judgment was delivered on 25 October 2002.

1. This is an appeal by the defendant from the order of the Master made on 2 May 2000 entering summary judgment for the plaintiff on the claim. The judgment is for the sum of HK$7,332,827.64 together with interest and costs. At the conclusion of the submissions, I dismissed the appeal and gave oral reasons for so doing. I now reduce the reasons into writing.