17 Oct 2003
CHENG YING HUNG t/a PO SHING CO. v. YUEN CHAK CONSTRUCTION CO. LTD
- Citation
- CHENG YING HUNG t/a PO SHING CO. v. YUEN CHAK CONSTRUCTION CO. LTD
- Court
- Court of First Instance
- Case number
- HCA411/2001
The defendant failed to satisfy the court that enforcement of the judgment would render a successful appeal nugatory because its director's unchallenged assertion of insolvency was inconsistent with the company's own accounts showing substantial assets and turnover; absent credible evidence of inability to repay, the court refused the stay and ordered the defendant to pay the costs of the application.