21 Dec 2011
HSBC INSTITUTIONAL TRUST SERVICES (ASIA) LTD v. TIN LIK AND ANOTHER
- Citation
- HSBC INSTITUTIONAL TRUST SERVICES (ASIA) LTD v. TIN LIK AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV124/2011
The Court dismissed the appeal and affirmed the deputy judge's direction that the Trustee proceed with distribution of the Trust's net assets without retention because the Trustee properly sought directions, the court had sufficient information to exercise its supervisory jurisdiction in the beneficiaries' best interests, there was no requirement to delay distribution to await the appellant's belated participation, and the appellant had alternative procedural remedies if he wished to challenge the judgment.