1 Apr 2003
PENROSE INDUSTRIES LTD v. TAM YAN LUNG
- Citation
- PENROSE INDUSTRIES LTD v. TAM YAN LUNG
- Court
- Court of First Instance
- Case number
- HCA5783/2000
The court found on the totality of the evidence that the defendant, without authority, diverted payments due to the company and failed to account for them; the defendant's documentary evidence was unconvincing and he gave no oral evidence, therefore judgment was entered for the plaintiff for HK$1,407,392.15 with interest and costs; stakeheld funds of HK$212,936.32 were ordered released to satisfy the judgment debt.