CHONG HING BANK LIMITED(formerly known as LIU CHONG HING BANK LIMITED) v LAU AND CHENG INVESTMENT LIMITED(formerly known as GOLD STRONG INVESTMENT LIMITED)(in Members’ Voluntary Liquidation)

Read the full judgment text of HCMP 1574/2009 on BabelCite. This High Court CFI judgment was delivered on 19 September 2013.

1. This is the hearing of the Plaintiff’s application to amend its statement of claim against the 1 st and 2 nd Defendants.  The Plaintiff is a banking corporation.  In this action, the Plaintiff seeks to recover loans advanced to the 1 st Defendant under an instalment loan in 2004 (“2004 Instalment Loan”) and a revised overdraft facility letter dated 2 August 2004 signed by the 2 nd Defendant on behalf of the 1 st Defendant (“2004 Facility Letter”) which are allegedly secured by a mortgage of a

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