11 Oct 2021
POOSAALA RAM PRASAD v. THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD
- Citation
- [2021] HKCFI 2816
- Court
- Court of First Instance
- Case number
- HCA279/2021
The pleaded claim failed to disclose a reasonable cause of action because it sought the purchase price rather than a recognisable form of loss and was contractually barred by the Integrated Account Terms which permitted refusal/cancellation and limited liability; the proposed fresh evidence did not meet the Ladd v Marshall criteria and would not affect the outcome; accordingly the master’s strike-out order was correctly upheld and the appeal dismissed.