TOTALCORP (NOMINEES) LIMITED V. HONG KONG SAI KUNG NGONG WO RESORT DEVELOPMENT LIMITED

[2022] HKCFA 17 Court of Final Appeal 1 August 2022 • FAMV32/2022 • 2 min read
3 cases cited (0 SG, 3 foreign)

Practice Areas

Rules of the High Court

Judges (3)

Fok Coram Lam Coram Tang Coram

Counsel (6)

Kong & Tang Firm MinterEllison LLP Firm Joshua Chan Counsel Plaintiff Kenneth CL Chan Counsel Defendant Roland Lau Counsel Defendant Victor Dawes Counsel Plaintiff

Parties (2)

Hong Kong Sai Kung Ngong Wo Resort Development Limited Defendant Totalcorp (Nominees) Limited Plaintiff

Summary

Hong Kong Sai Kung Ngong Wo Resort Development Limited applied for leave to appeal in a money-lending dispute with Totalcorp (Nominees) Limited. The key question was whether the rule in BS Lyle Ltd v Chappell, concerning a mortgagee's obligation to account for a surplus after sale, applies to void mortgages under the Money Lenders Ordinance. Leave to appeal was granted.

Statutes Cited

Rules of the High Court (Cap 4A)

Cases Cited (3)

UK (1)
[1932] 1 KB 691
HK (2)
[1987] 3 HKC 153 [2020] HKCA 879

Judgment

Read the full judgment on the official Hong Kong Courts portal.

Read on HKLII

Source: HKLII ([2022] HKCFA 17)