31 Mar 2023
LEE HUNG CHEONG, THE ADMINSTRATOR OF THE ESTATE OF LEE MING TIM, DECEASED v. WILLIAM TSOKSON
- Citation
- [2023] HKCFI 872
- Court
- Court of First Instance
- Case number
- HCMP386/2022
The mortgage executed in 1961 created a right to receive the principal by 13 April 1962; under the Limitation Ordinance the pre‑1991 20‑year limitation period applied and expired in 1982; the mortgagee took no enforcement steps and cannot be located; therefore the mortgage is time‑barred, incapable of subsistence and unenforceable by operation of the Limitation Ordinance and the memorial should be vacated.