2 Aug 2024
RICH REGION HOLDINGS LTD AND ANOTHER v. GOLD BRILLIANT INVESTMENT LTD AND OTHERS
- Citation
- [2024] HKCFI 2034
- Court
- Court of First Instance
- Case number
- HCA1811/2023
The loan agreement and the share charge were sham instruments, no monies were advanced by Great Bliss to Gold Brilliant, consequently the charge never conveyed any legal or equitable interest to Great Bliss and the subsequent assignment to Seashore could not transfer any interest; therefore declarations were made to that effect and Seashore’s counterclaim dismissed; specified loan amounts owed by Gold Brilliant to Rich Region and Concept Pioneer were accepted as due.