3 Jul 2024
THE INCORPORATED OWNERS OF SUN HING BUILDING v. JOIN PROFIT (HONG KONG) LTD AND ANOTHER
- Citation
- [2024] HKCA 589
- Court
- Court of Appeal
- Case number
- CAMP188/2023
The Court held that on proper construction there was no implied unfettered right for the IO to terminate the Agreement at will by reasonable notice; the Agreement created mutual and substantial reconfiguration rights between co-owners and was terminable only where a legitimate need to restore the original configuration existed. Consequently the IO's notice of termination was ineffective and the IO's claim to require reinstatement was dismissed.