12 May 2025
HUZHOU SHENGHUA FINANCIAL SERVICES COMPANY LTD v. HANG PIN LIVING TECHNOLOGY COMPANY LTD
- Citation
- [2025] HKCA 434
- Court
- Court of Appeal
- Case number
- CACV268/2024
The IPC judgment was not registrable: it did not "order the payment of a sum of money" against the defendant because the defendant's liability was contingent on the primary debtors being in the state of "unable to repay" which under Mainland law requires that all executable assets be exhausted and quantified (thus the defendant's share was not a definite, ascertainable sum); and the IPC judgment was not "final and conclusive as between the parties" within s.6(1) because s.6(1) is exhaustive and the registrable final judgment was the second-instance HPC judgment rather than the first-instance…