Read the full judgment text of HCA 002014/2008 on BabelCite. This High Court CFI judgment was delivered on 24 September 2010.
1. The Plaintiffs in these two actions sued the Defendant for repayment in respect of two loans advanced by them respectively in May 2007 to the Defendant. The loan amount was $500,000 for each loan. There were two loan agreements signed by the Defendant, one for each loan. In respect of the loan from the plaintiff in HCA 2014 of 2008, Man Sum Garment Textiles (Group) Mfg. Company Limited [“MS”], the loan was interest free and secured by the Defendant’s interest in the plaintiff in HCA 2015 of 2
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