9 Jan 2025
WU YUAN HONG v. CHINA ZENITH CHEMICAL GROUP LTD
- Citation
- [2025] HKCFI 228
- Court
- Court of First Instance
- Case number
- HCA2082/2023
The Defendant's 'evidence of payment' defence was speculative, self-contradictory and not capable of belief when measured against objective documents (Register entry, issued certificate and board resolution), so no leave to defend on that issue; however, there is a bona fide triable issue of contractual interpretation as to Clause 4 (prepaid interest to the first bondholder), and the Defendant is granted unconditional leave to defend that discrete issue; the Master's conditional order is set aside and judgment for principal and accrued interest is entered accordingly.