TONSIN FINANCIAL HOLDINGS LTD v. YAU WAI MING

TONSIN FINANCIAL HOLDINGS LTD v. YAU WAI MING

Citation
[2025] HKCFI 5778
Parties
Plaintiff (by Original Action) and 1st Defendant (by Counterclaim): Tonsin Financial Holdings Limited; Defendant (by Original Action) and Plaintiff (by Counterclaim): Yau Wai Ming; 2nd Defendant (by Counterclaim): Song Jianbo
Court
Court of First Instance
Jurisdiction
Hong Kong
Judgment Date
26 November 2025
Case Number
HCA1794/2024
Procedural Posture
Civil Dispute Concerning Enforcement of Guarantees and Assignment of Receivables / Application for Summary Judgment (decision on Summons)
Outcome
Court ordered that paragraphs 2 and 3 of the summons be dismissed; there be an order in terms of paragraph 1 of the summons; costs of the application to be to the defendant with certificate for two counsel, to be summarily assessed and payable forthwith; directions given for costs filing and summary assessment by...
Legal Topics
Summary Judgment, Fraudulent Misrepresentation, Contractual Estoppel, Enforcement of Guarantees, Commercial Credibility, Costs Assessment
Source Language
EN
Contract Civil Procedure Fraud Equitable Estoppel Guarantee Securities/finance Summary Judgment Fraudulent Misrepresentation +4 more

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Parties

Tonsin Financial Holdings Limited

Plaintiff (by Original Action) and 1st Defendant (by Counterclaim)

Yau Wai Ming

Defendant (by Original Action) and Plaintiff (by Counterclaim)

Song Jianbo

2nd Defendant (by Counterclaim)

Procedural Posture

Civil Dispute Concerning Enforcement of Guarantees and Assignment of Receivables / Application for Summary Judgment (decision on Summons)

Court Disposition

Court ordered that paragraphs 2 and 3 of the summons be dismissed; there be an order in terms of paragraph 1 of the summons; costs of the application to be to the defendant with certificate for two counsel, to be summarily assessed and payable forthwith; directions given for costs filing and summary assessment by...

Orders

  • Paragraphs 2 and 3 of the Summons dismissed.
  • There be an order in terms of paragraph 1 of the Summons.