31 Jul 2008
TSE KAM HUNG v. BANK OF CHINA (HONG KONG) LTD
- Citation
- TSE KAM HUNG v. BANK OF CHINA (HONG KONG) LTD
- Court
- District Court
- Case number
- DCCJ3029/2004
The court accepted the bank's evidence that some explanation was given and found no legal duty to provide a full explanation or copies; there was no evidence of bad faith or connivance in any default by the principal debtor; the guarantor who signed the guarantee is bound by it; clause 9(b) rendered the bank's certificate conclusive as to the sums owing; accordingly the guarantor's substantive claims failed and judgment was entered on the bank's counterclaim for the specified sums and interest.