12 Nov 2020
CHARM MASTER ENTERPRISES LTD v. GRAND T G GOLD HOLDINGS LTD AND ANOTHER
- Citation
- [2020] HKCFI 2820
- Court
- Court of First Instance
- Case number
- HCA397/2011
Summary judgment and interim payment based on the promissory notes were refused because triable disputes existed between the Plaintiff and the 2nd Defendant on presentment and the existence of the Trust; however the two letters of acknowledgement constituted a separate Acknowledgement of Debt supported by the 2nd Defendant's forbearance to sue, making the 1st Defendant's defence to that separate agreement shadowy; accordingly conditional leave to defend was granted to the 1st Defendant subject to payment into court of HK$12,000,000 within 28 days as security for the 2nd Defendant's countercla…