18 Aug 2023
CHINA SUN FINANCE COMPANY LTD v. MORALITY INTERNATIONAL TRADING LTD AND OTHERS
- Citation
- [2023] HKCFI 2150
- Court
- Court of First Instance
- Case number
- HCMP2131/2016
The court found a triable issue whether the Default Interest Provision in the Facility Letter forms part of the loan agreement and contravenes s22(1)(c) of the Money Lenders Ordinance; because factual disputes exist on that and related allegations, the matter is not suitable for summary determination on affidavit and requires trial or further procedural steps (including possible conversion to writ).