CHIONG STANLEY v. LAM YIP HING AND ANOTHER
The execution page of the Bushell Assignment satisfied s.20(1) CPO on its face and the plaintiff did not adduce sufficient evidence to rebut the statutory presumption in s.23 CPO; the board resolution's phrase 'any one Director and any one Director' authorises any two directors (not only those present), and the statement in the Assignment that the signatories were 'duly authorized' by the board sufficed to show due execution, therefore the Assignment was valid and the defendants' claims succeed in the respects ordered.
- Citation
- CHIONG STANLEY v. LAM YIP HING AND ANOTHER
- Parties
- Plaintiff: CHIONG STANLEY; 1st Defendant: LAM YIP HING; 2nd Defendant: LUI KIT CHUN
- Court
- District Court
- Jurisdiction
- Hong Kong
- Judgment Date
- 29 May 2009
- Case Number
- DCCJ4463/2008
- Procedural Posture
- Civil Action (district Court) / Summary Judgment Hearing and Decision
- Outcome
- The plaintiff's summons for summary judgment is dismissed; the defendants' summons is granted in part and judgment entered for the defendants in specified paragraphs of the draft minutes of order; certain monetary figures and damages are to be assessed by the Court; costs ordered as nisi to be made absolute within...
- Legal Topics
- Execution of Company Documents, Presumption of Due Execution, Conveyancing and Property Ordinance S.20, Conveyancing and Property Ordinance S.23, Deposit Forfeiture, Requisition on Title, Summary Judgment
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
CHIONG STANLEY
Plaintiff
LAM YIP HING
1st Defendant
LUI KIT CHUN
2nd Defendant
Procedural Posture
Civil Action (district Court) / Summary Judgment Hearing and Decision
Legal Issues
- 1 Whether the Bushell Assignment was duly executed for the purposes of s.20(1) CPO
- 2 Whether s.23 CPO presumption of due execution was rebutted by the board minutes
- 3 Whether the plaintiff's requisition on title was justified and whether the deposit forfeiture and rescission were valid
Ratio Decidendi
The execution page of the Bushell Assignment satisfied s.20(1) CPO on its face and the plaintiff did not adduce sufficient evidence to rebut the statutory presumption in s.23 CPO; the board resolution's phrase 'any one Director and any one Director' authorises any two directors (not only those present), and the statement in the Assignment that the signatories were 'duly authorized' by the board sufficed to show due execution, therefore the Assignment was valid and the defendants' claims succeed in the respects ordered.
Court Disposition
The plaintiff's summons for summary judgment is dismissed; the defendants' summons is granted in part and judgment entered for the defendants in specified paragraphs of the draft minutes of order; certain monetary figures and damages are to be assessed by the Court; costs ordered as nisi to be made absolute within...
Orders
- Plaintiff's summons dismissed.
- Judgment entered for the Defendants as per paragraphs (1) to (4), (8) and (12) of the draft minutes of Order on P.49-50 of Bundle A.
Full Case Text
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