29 Jan 2018
KONEW CAPITAL INTERNATIONAL LTD 對 YU PING CHUNG 及另一人
- Citation
- [2018] HKDC 111
- Court
- District Court
- Case number
- DCMP699/2017
Because the loan was proven, the mortgage was valid and registered, partition by division was impracticable given the unit's size, and the loan contract expressly preserved a 42% p.a. interest obligation independent of judgment, the court granted judgment for the plaintiff for the stated sums, ordered interest at 42% p.a. pre- and post-judgment on the specified amounts, ordered sale of the property under the Partition Ordinance, and awarded costs to the plaintiff on an indemnity basis against the first defendant.