29 Jul 1982
KINGEARN CO LTD v. LEE WOO-BUN AND OTHERS
- Citation
- KINGEARN CO LTD v. LEE WOO-BUN AND OTHERS
- Court
- District Court
- Case number
- DCCJ7171/1981
Possession was granted because the plaintiff demonstrated a genuine intention to rebuild and, after increasing its paid-up capital to $10,000,000, was found financially capable of executing the redevelopment; compensation to tenants fixed at four times the rateable value as reasonable in all the circumstances; possession subject to specified payment, building-plan and commencement/completion conditions; stay of execution granted until 28 January 1983; arrears and mesne profits awarded; no order as to costs under Section 68B.