24 Mar 2001
KONEW FINANCE LTD v. CHENG YAU HON AND ANOTHER
- Citation
- KONEW FINANCE LTD v. CHENG YAU HON AND ANOTHER
- Court
- District Court
- Case number
- DCCJ978/2001
Loan agreements were unenforceable because they purported to create charges over properties in breach of s.17B of the Housing Ordinance and also failed to comply with s.18(1)-(2) of the Money Lenders Ordinance; the court declined to exercise s.18(3) discretion to enforce any part of the agreements.