16 May 2024
YELSEN FINANCE HOLDINGS LTD 對 WONG KIT TAI
- Citation
- [2024] HKDC 763
- Court
- District Court
- Case number
- DCCJ5371/2017
On the balance of probabilities the court found the plaintiff's evidence credible and the defendant's account not credible; the plaintiff complied with documentary procedures, provided copies and the loan was disbursed and partly repaid by the borrower; the misrepresentation and undue influence defences were rejected because the defendant had prior experience and records of arranging substantial loans, so she knew or should have known the nature and consequences of signing; accordingly the guarantee was enforceable and judgment entered for outstanding principal HKD 444,398 plus interest at 36…