13 Nov 2012
ZHONG GANG AO INVESTMENT & TRADING CO LTD v. LEE CHIU YEE t/a WAH TAT INDUSTRIAL CO
- Citation
- ZHONG GANG AO INVESTMENT & TRADING CO LTD v. LEE CHIU YEE t/a WAH TAT INDUSTRIAL CO
- Court
- Court of First Instance
- Case number
- HCA422/2010
Credibility findings: the plaintiff's witnesses were credible and explained documentary gaps; the defendant was evasive and failed to prove repayment by the nine cheques or that the loans fell within Cap 163; the loans were personal interest‑free advances outside ordinary money‑lending business and, even if Cap 163 arguably applied, the court exercised its s18 discretion in the plaintiff's favor; accordingly judgment entered for plaintiff for the outstanding principal and counterclaim dismissed.