20 Dec 2006
WONG CHICK KEUNG AND ANOTHER v. WOO MAN SANG AND OTHERS
- Citation
- WONG CHICK KEUNG AND ANOTHER v. WOO MAN SANG AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV1945/2001
The master held that for the purposes of the Court of Appeal's order an account of profits must be computed as receipts less allowable expenses; the purchase price and sums actually expended on the property by the 2nd-4th defendants are deductible; occupation rent is limited to periods of actual occupation (excluding the two-month vacant period); interest claims on rents and on loss of use of deposit/repayments are disallowed; after deducting allowable expenses there was no profit to account and instead a net deficit of HKD 302,848.36.