6 Oct 2025
DELIGHT WEALTHY COMPANY LTD AND ANOTHER v. CRYSTAL GOLD INVESTMENT LTD AND OTHERS
- Citation
- [2025] HKCFI 4538
- Court
- Court of First Instance
- Case number
- HCA1651/2021
On the balance of probabilities the court found the alleged oral True Arrangement and the Representation were not proved; the Loan Documents were intended to create legally binding obligations and are enforceable; Crystal Gold and Eric liable to repay EUR 8,085,000 and EUR 3,350,000 with interest as ordered; the D5 Charge was dated/created in April 2021, was executed with intent to defeat creditors or at least prejudiced Delight Wealthy and is voidable and declared null and void under s.60 CPO; the defendants' counterclaim for reimbursement was dismissed; final injunction granted in terms of…