Read the full judgment text of HCA 003641/2003 on BabelCite. This High Court CFI judgment was delivered on 14 April 2005.
1. In these proceedings, the Plaintiff, Mr Chu, sues the Defendant, Koldtech, for the repayment of two loans, totalling now $1,323,360, together with interest thereon. The evidence is that the loans were made by Mr Chu in his capacity as a director of Koldtech. He says that another director of Koldtech, Mr David Pang, now deceased, negotiated the loans on behalf of Koldtech. Mr Chu says the first loan was made on 18 December 1995, in the sum of $1,546,200. He says that the second loan was ma