Read the full judgment text of HCMP 2766/2005 on BabelCite. This High Court CFI judgment was delivered on 31 March 2011.
1. This case concerns disputes about bank loans. The Plaintiff (hereinafter referred to as BEA) took out an originating summons against the Defendants pursuant to Order 88 of the Rules of the High Court for recovery of payment in arrears. In addition to filing their Defence, the Defendants also put forward a counterclaim. The main issues herein are the rates at which BEA charged interests and its right to charge overdue interests and compound interests. On 1June 2009, Master Levy ordered BEA to