15 Jul 1996
GUANG XIN ENTERPRISES LTD. v. LEUNG KWAI MUI
- Citation
- GUANG XIN ENTERPRISES LTD. v. LEUNG KWAI MUI
- Court
- Court of First Instance
- Case number
- HCMP2024/1996
The court held that a mortgagee in possession may exercise the contractual and statutory power of sale without obtaining leave of the court; the prior 1992 sale agreement had been terminated and its rights merged in subsequent judgment so it did not defeat the mortgagee's title; and there was no basis to require joinder of the Official Receiver, the bankrupt or the prior purchaser.