2 Jul 2025
SOCIEDADE NACIONAL DE COMBUSTIVEIS DE ANGOLA - EMPRESA PUBLICA v. CSIL LTD (formerly known as CHINA SONANGOL INTERNATIONAL LTD)
- Citation
- [2025] HKCFI 3104
- Court
- Court of First Instance
- Case number
- HCA1243/2024
CSIL's repeated acknowledgements of the loan and accruing interest in its audited accounts and in settlement documents signed or approved by its directors constituted clear evidence of liability; the asserted factual disputes and alleged set-offs lacked probative evidence to form an arguable defence; the Notice validly accelerated the debt; consequently summary judgment was appropriate for principal and accrued interest.