17 Nov 2004
LUO XING JUAN ANGELA v. THE ESTATE OF HUI SHUI SEE WILLY, DECEASED AND OTHERS
- Citation
- LUO XING JUAN ANGELA v. THE ESTATE OF HUI SHUI SEE WILLY, DECEASED AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW568/2002
The court found on the evidence that the deceased intended to confer a 35% beneficial interest in the Property on Miss Luo and to transfer 35% of the loans made to the Company to her; the Company therefore held the Property on trust for the deceased and Miss Luo in proportion to their shareholdings (65:35). Consequently Miss Luo was a beneficial co-owner (tenant in common) entitled to non-exclusive possession; the Company's claims for trespass and mesne profits failed; the petition for winding up on just and equitable grounds succeeded as the only realistic means for Miss Luo to realise her a…