20 Sept 2024
LEI SHING HONG CREDIT LTD v. LAM MEI YEE AND ANOTHER
- Citation
- [2024] HKCFI 2563
- Court
- Court of First Instance
- Case number
- HCMP888/2023
Appeals dismissed; breaches of s18(2)(i) and s27 were minor and did not render the loans and securities unenforceable in all the circumstances; Service Charge construed as simple interest permissible under s22 proviso; equitable enforcement ordered with modification that interest be charged at 8% p.a. for HCMP 213 and HCMP 888 and 9% p.a. for HCMP 903, legal costs charged in breach under s27 to be deducted from claimed sums; plaintiff directed to recalculate and serve final sums and orders nisi made on costs.