29 Jul 1982
KINGEARN CO LTD v. LEE WOO-BUN AND OTHERS
- Citation
- KINGEARN CO LTD v. LEE WOO-BUN AND OTHERS
- Court
- District Court
- Case number
- DCCJ7174/1981
Plaintiff was granted possession because, after increasing its paid-up capital to HKD 10,000,000, the court was satisfied the plaintiff had a bona fide intention and sufficient financial capacity to rebuild; statutory compensation to tenants was set at four times the rateable value as reasonable in the circumstances; possession was ordered subject to specified conditions including staged payment of compensation, lodging plans and a stay until 28 January 1983.