4 Jun 2021
ASIA DEVELOP LTD v. GLORY MARK INVESTMENT (GROUP) LTD AND ANOTHER
- Citation
- [2021] HKCFI 1572
- Court
- Court of First Instance
- Case number
- HCA2532/2018
Extrinsic evidence to prove collateral oral contracts is admissible in principle but the defendants' allegations were inherently incredible and not strictly proved; the written loan agreement on its face showed D1 contracted as principal so D1 remained personally liable and D2 was liable as guarantor; no real and bona fide defence was established and there was no reason for trial; appeal dismissed and summary judgment upheld.