13 Feb 1970
HANG SENG BANK LTD v. MEE CHEONG INVESTMENT CO LTD
- Citation
- HANG SENG BANK LTD v. MEE CHEONG INVESTMENT CO LTD
- Court
- Court of First Instance
- Case number
- HCMP83/1968
The summons to re-open the foreclosure was dismissed because the defendants unreasonably delayed (approximately nine months) after the foreclosure absolute, abandoned the company and premises, failed to show they were able and willing to pay at the date of the foreclosure, and there was no evidence the property exceeded the debt at the date of foreclosure to justify exercising the court's discretion in their favour.