24 May 1993
FORMKING DEVELOPMENT LTD. V. LEE KWOK HUNG, ROBERT
- Citation
- FORMKING DEVELOPMENT LTD. V. LEE KWOK HUNG, ROBERT
- Court
- Court of First Instance
- Case number
- HCMP1173/1993
There was insufficient evidence that the nominator had relinquished any equitable interest and the presumption of a resulting trust was not rebutted; accordingly the court would not grant the declaration sought in amended paragraph 7 but would grant declarations 1–6; the defendant could not rely on the receipt clause, purchaser for value without notice, or limitation in the absence of satisfactory rebutting evidence.