Read the full judgment text of HCA 002356/2001 on BabelCite. This High Court CFI judgment was delivered on 15 October 2001.
1. This is an application by the defendant for final judgment under O.14 RHC on its counterclaim against the plaintiff for the payment of HK$29,307,810.92 being the balance payable by the plaintiff to the defendant under a loan agreement. The defendant also seeks to strike out the plaintiff's statement of claim on the basis that it is entitled to final judgment on its counterclaim and as a consequence of this the plaintiff's statement of claim should also be struck out and the action dismissed.