28 Sept 2023
CHINA MINSHENG BANKING CORP LTD HONG KONG BRANCH v. TOP POWER ENTERPRISES LTD AND OTHERS
- Citation
- [2023] HKCFI 2469
- Court
- Court of First Instance
- Case number
- HCA265/2020
Expert valuation was not relevant or necessary because the central issues were existence of an oral agreement and satisfaction of a condition precedent—questions of factual credibility and subjective belief which could be resolved from pleadings and witness statements; the proposed valuation was of limited and unverifiable probative value, disproportionate in cost and delay, and therefore the Master correctly refused the expert directions and the appeal is dismissed.