BANK OF CHINA (HONG KONG) LIMITED(the successor of corporation to The Kwangtung Provincial Bank, Hong Kong Branch) v EVER PEACE INTERNATIONAL LIMITED

Read the full judgment text of HCMP 000024/2008 on BabelCite. This High Court CFI judgment was delivered on 10 November 2009.

1. By a charge (“the Charge”) dated 30 November 1994, Ever Peace (the 1 st Defendant) charged the property (“the Property”) known as 13/F, Tim Po Court, Phase II, No. 43 Caine Road, to Kwantung Provincial Bank [1] (“the Bank”) to secure an instalment loan (“the Company’s Loan”) of HK$2,700,000.   The Company’s Loan was provided to Ever Peace under a facility letter (“the Facility Letter”) dated 3 November 1994.