20 Jan 2021
FEISHANG NON METAL MATERIALS TECHNOLOGY LIMITED ( now known as “HANGKAN GROUP LIMITED” v. TONG CHUNG MING t/a KAI MUK CO.
- Citation
- [2021] HKCFI 117
- Court
- Court of First Instance
- Case number
- HCA1767/2018
Court found the 4 January 2018 letter and the March receipts were not genuine or did not prove repayment; accepted that HK$500,000 was paid in January 2018 as interim repayment; held the Termination Agreement dated 16 March 2018 was valid and that the defendant failed to pay the balance of HK$8,530,000; entered judgment for the plaintiff for HK$8,530,000 with interest and costs.