13 May 2014
BANK OF CHINA (HONG KONG) LTD v. PAN-WIN MOTORS LTD AND OTHERS
- Citation
- BANK OF CHINA (HONG KONG) LTD v. PAN-WIN MOTORS LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA762/2011
Because the Second Charge and Guarantee made liabilities payable on demand, limitation did not commence on the alleged Event of Default of 9 March 1999; the 2nd defendant failed to prove ignorance or undue influence, so plaintiff's claim succeeds and the 2nd defendant's counterclaim is dismissed.