1 Jun 2001
KONEW FINANCE LTD. v. CHENG YAU HON AND ANOTHER
- Citation
- KONEW FINANCE LTD. v. CHENG YAU HON AND ANOTHER
- Court
- District Court
- Case number
- DCCJ978/2001
Even if the deposition of title deeds created an equitable charge void under s17B, that statutory voidness affects only the agreement to create the charge and does not nullify the separate contractual obligation to repay the loans; moreover the deficiencies under s18(2) were technical, caused no prejudice to defendants, and the court properly exercised its discretion under s18(3) to enforce the repayment agreements, so the Registrar's refusals were set aside.