15 May 2020
ZHONGCAI FINANCE LTD v. SINGH BALWINDER AND ANOTHER
- Citation
- [2020] HKDC 304
- Court
- District Court
- Case number
- DCMP3648/2018
Minor drafting defects in the loan documents did not render the genuine commercial loans and the registered mortgage unenforceable; the plaintiff proved outstanding sums and entitlement to default and contractual interest; partition of the small flat was impracticable so, balancing interests objectively, the court ordered sale under s6 PO with specified sale price floors and directed allocation of proceeds to satisfy prior encumbrances, the plaintiff’s judgment and costs.