10 Sept 2018
RE FUNG CHI HON
- Citation
- [2018] HKDC 1080
- Court
- District Court
- Case number
- DCMP1631/2018
Applicant established that the mortgagee could not be found after reasonable searches and inquiries; the court accepted the practice of using 20% p.a. simple interest where no rate is provided and found HK$700 sufficient to redeem the encumbrance; the court directed payment of HK$700 into court and permitted the second‑stage declaration application to be dealt with on paper.