14 Dec 1971
STANDFAST INTERNATIONAL INSURANCE CO LTD v. LAU MING KIT AND ANOTHER
- Citation
- STANDFAST INTERNATIONAL INSURANCE CO LTD v. LAU MING KIT AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2295/1971
Defendant failed to adduce particulars or evidence to establish a prima facie case that the plaintiff carried on money-lending business; the plaintiff’s memorandum of association shows its main objects are insurance, so it is not an unlicensed money-lender for the purposes of the Money-Lenders Ordinance; accordingly summary judgment entered for the plaintiff for $120,000.