24 Apr 2001
BEST SHEEN DEVELOPMENT LTD. v. THE OFFICIAL RECEIVER AND TRUSTEE OF THE PROPERTY OF LAI THOMAS, A BANKRUPT
- Citation
- BEST SHEEN DEVELOPMENT LTD. v. THE OFFICIAL RECEIVER AND TRUSTEE OF THE PROPERTY OF LAI THOMAS, A BANKRUPT
- Court
- Court of First Instance
- Case number
- HCMP7250/1999
Plaintiff proved it retained the beneficial interest and could establish title without relying on the illegal development scheme (via the Declaration of Trust and resulting trust principles and locus poenitentiae), so a declaration of beneficial ownership and that the Bankrupt/Official Receiver held the land on trust for Plaintiff was permissible despite the underlying illegality; consequential orders followed and costs were awarded against the Plaintiff.