MAK KA HING v. PANG MING CHUNG AND OTHERS
The applicants demonstrated an arguable case of beneficial ownership by resulting trust arising from their contributions and discharge of loans; that equitable interest likely arose by operation of law and is an unwritten interest not registrable, and on balance of prejudice, stage and delay it was just and convenient to order their joinder subject to protective conditions (indemnity for loss of interest and undertakings).
- Citation
- MAK KA HING v. PANG MING CHUNG AND OTHERS
- Parties
- Plaintiff: Plaintiff; 1st Defendant: Pang; 2nd Defendant: Gui; Applicant / Proposed 3rd Defendant: 1st Applicant; Applicant / Proposed 4th Defendant: 2nd Applicant
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 21 February 2005
- Case Number
- HCMP1943/2004
- Procedural Posture
- Application for Joinder in Proceedings Concerning Charging Order and Order for Sale / Hearing in Chambers on Joinder Application After Charging Order Made Absolute and Application for Sale Pending
- Outcome
- Application to join granted with conditions
- Legal Topics
- Charging Order, Order for Sale, Resulting Trust, Joinder of Parties, Registrability of Equitable Interests, Mareva Injunction, Garnishee Orders
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Plaintiff
Plaintiff
Pang
1st Defendant
Gui
2nd Defendant
1st Applicant
Applicant / Proposed 3rd Defendant
2nd Applicant
Applicant / Proposed 4th Defendant
Procedural Posture
Application for Joinder in Proceedings Concerning Charging Order and Order for Sale / Hearing in Chambers on Joinder Application After Charging Order Made Absolute and Application for Sale Pending
Legal Issues
- 1 Whether the applicants have an arguable equitable interest in the property
- 2 Whether the Settlement Agreement created an interest in land or merely a monetary claim
- 3 Whether any equitable interest is registrable under the Land Registration Ordinance
Ratio Decidendi
The applicants demonstrated an arguable case of beneficial ownership by resulting trust arising from their contributions and discharge of loans; that equitable interest likely arose by operation of law and is an unwritten interest not registrable, and on balance of prejudice, stage and delay it was just and convenient to order their joinder subject to protective conditions (indemnity for loss of interest and undertakings).
Court Disposition
Application to join granted with conditions
Orders
- 1st and 2nd Applicants to be joined as 3rd and 4th Defendants respectively
- Applicants to undertake within 14 days to indemnify Plaintiff jointly and severally for loss of interest at judgment rate on proceeds of sale from 4 October 2004 until actual date of order for sale; if wholly unsuccessful indemnity applies in full; if successful or partially successful indemnity reduced...
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