[1] As pointed out by the trial judge, this case involves the unfortunate situation where the 1st plaintiff is suing the defendant, his own nephew. The 2nd plaintiff is the wife of the 1st plaintiff. After a full trial, the plaintiffs' claim was allowed; judgment was entered, and the defendant's counterclaim was dismissed. For ease, we shall refer to them by reference to that familial relationship.

[2] In a nutshell, the defendant's nephew took out a loan for the benefit of the uncle. The aunt's property, a shop house, was used as collateral for the loan. The full sum of the loan was paid into th