Read the full judgment text of HCA 008147/1992 on BabelCite. This High Court CFI judgment.
1. The Plaintiff, Tsun Fat Finance Co. Ltd. ("Tsun Fat"), is a licensed money-lender. It claims that it made a number of loans to Fook Chak Trading Co. ("the firm"). Some of those loans have not been repaid. Accordingly, Tsun Fat now sues the firm for the outstanding balance and interest. However, the case is not quite as straightforward as that. The firm had two partners, Richard Sy and Ng Chao Mu. Mr. Ng denies the firm's liability to Tsun Fat, but Mr. Sy admits it. Moreover, Mr. Sy is related