許尊明 v. 歐振清及另一人
The defendants failed to show that the plaintiff had agreed to any reserve or that they were entitled to the deductions claimed; the funds in the account were held on trust for all co-owners and the defendants did not discharge their duty to account or to justify deductions, therefore the plaintiff is entitled to his one-fifth share of the specified rents ($45,000) and one-fifth of the account balance as at 28 February 2005 ($38,686.53), with interest and costs on an indemnity basis.
- Citation
- 許尊明 v. 歐振清及另一人
- Parties
- Plaintiff (executor of the Estate of Hui Chun Yuen): Mr. Hui; 1st Defendant: Mr. Au; 2nd Defendant: Mr. Yung
- Court
- District Court
- Jurisdiction
- Hong Kong
- Judgment Date
- 3 March 2008
- Case Number
- DCCJ6238/2005
- Procedural Posture
- Civil District Court (consolidated From Small Claims Tribunal) / Trial Judgment Handed Down
- Outcome
- Judgment for the Plaintiff (Mr. Hui) for $45,000 and $38,686.53, with interest at the judgment rate; costs to be paid by the Defendants on an indemnity basis with a certificate for counsel, taxed if not agreed; order nisi to be made absolute after 14 days.
- Legal Topics
- Accounting by Trustees, Co Ownership/tenants in Common, Meeting Resolutions and Authority, Rent Distribution and Reserves, Costs and Interest
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Mr. Hui
Plaintiff (executor of the Estate of Hui Chun Yuen)
Mr. Au
1st Defendant
Mr. Yung
2nd Defendant
Procedural Posture
Civil District Court (consolidated From Small Claims Tribunal) / Trial Judgment Handed Down
Legal Issues
- 1 Whether plaintiff was bound by co-owners' resolutions to create a reserve fund or to keep rents on reserve
- 2 What amount is due to the plaintiff as one-fifth share of rent and of the Bank account balance
- 3 Whether the defendants discharged their duty as trustees to account and justify deductions claimed
Ratio Decidendi
The defendants failed to show that the plaintiff had agreed to any reserve or that they were entitled to the deductions claimed; the funds in the account were held on trust for all co-owners and the defendants did not discharge their duty to account or to justify deductions, therefore the plaintiff is entitled to his one-fifth share of the specified rents ($45,000) and one-fifth of the account balance as at 28 February 2005 ($38,686.53), with interest and costs on an indemnity basis.
Court Disposition
Judgment for the Plaintiff (Mr. Hui) for $45,000 and $38,686.53, with interest at the judgment rate; costs to be paid by the Defendants on an indemnity basis with a certificate for counsel, taxed if not agreed; order nisi to be made absolute after 14 days.
Orders
- Judgment for the Plaintiff in the sum of HKD 45,000 (rent for July–September 2005)
- Judgment for the Plaintiff in the sum of HKD 38,686.53 (one-fifth share of Account balance as at 28 February 2005)
Full Case Text
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