CHIONG STANLEY v. LAM YIP HING AND ANOTHER
The assignment was held to be duly executed because its execution clause expressly stated the signatories were directors duly authorised by the board and the statutory presumption of due execution applied; there is no requirement to show on the face of the assignment that it was signed by a specified category of director, therefore the application for leave to appeal lacked merit.
- 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
- 7 July 2009
- Case Number
- DCCJ4463/2008
- Procedural Posture
- Civil Action (district Court) / Decision on Application for Leave to Appeal (7 July 2009)
- Outcome
- Application for leave to appeal dismissed
- Legal Topics
- Execution of Deeds, Authority of Directors, Presumption of Due Execution, Requisition for Proof of Execution, Costs
- 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) / Decision on Application for Leave to Appeal (7 July 2009)
Legal Issues
- 1 Whether the Bushell assignment was duly executed in accordance with the required mode of execution
- 2 Whether the directors who signed were duly authorised by the board
- 3 Whether the defendant's solicitor satisfactorily answered the plaintiff's requisition
Ratio Decidendi
The assignment was held to be duly executed because its execution clause expressly stated the signatories were directors duly authorised by the board and the statutory presumption of due execution applied; there is no requirement to show on the face of the assignment that it was signed by a specified category of director, therefore the application for leave to appeal lacked merit.
Court Disposition
Application for leave to appeal dismissed
Orders
- Costs of this application to the Defendant, to be taxed if not agreed, with certificate for counsel
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