20 May 2004
TSANG KING WAH PETER v. CHOW CHOI WAH AND OTHERS
- Citation
- TSANG KING WAH PETER v. CHOW CHOI WAH AND OTHERS
- Court
- District Court
- Case number
- DCCJ1018/2002
The memorandum signed by the 1st Defendant constituted an acknowledgement of indebtedness and pledge of shares; the 2nd and 3rd Defendants were liable as guarantors because the document and surrounding facts established guarantee obligations and guarantees can be proved like any other contract in Hong Kong; accordingly all three defendants are jointly and severally liable for the principal and accrued interest.