1 Jun 2001
KONEW FINANCE LTD. v. CHAN WAH KAN AND ANOTHER
- Citation
- KONEW FINANCE LTD. v. CHAN WAH KAN AND ANOTHER
- Court
- District Court
- Case number
- DCCJ1288/2001
The court held that even if the deposition of title deeds created an equitable charge void under s17B, the repayment agreements are severable and remain enforceable; the breaches of s18 were technical with no shown prejudice and the court will exercise its discretion under s18(3) to permit enforcement of the repayment agreements; accordingly the registrar's refusal was set aside.