31 Dec 2004
CHOW TAI FOOK JEWELLERY CO LTD v. WONG SHUN AND ANOTHER
- Citation
- CHOW TAI FOOK JEWELLERY CO LTD v. WONG SHUN AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA22168/1998
Where the underlying loan is exempted under Schedule 1 Part 2, ss.18 and 20 of the Money Lenders Ordinance do not apply to the guarantee; the guarantor's obligation cannot be rendered unenforceable independently of the borrower's position and the Guarantee is enforceable.