Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Notice and service requirements

Legal area

Court

30 Nov 2023

RE ENGLAND CORPORATION LTD

Citation

[2023] HKDC 1548
Court

District Court
Case number

DCMP3358/2023

The originating summons was adjourned sine die because Col-Win had been dissolved and section 752 Companies Ordinance vests its rights in the Government as bona vacantia; absent any Government confirmation or disclaimer and given the applicant did not notify the Government or propose a manner to proceed, the court could not properly conclude the encumbrancer 'cannot be found' for s12A purposes and therefore would not grant the relief at this time.
14 Oct 2022

RE KWAI HUNG SECURITIES CO LTD

Citation

[2022] HKDC 1038
Court

District Court
Case number

DCMP2605/2021

The court was satisfied the assets were held by the applicant as trustee and that the applicant made reasonable and documented efforts to identify and contact beneficiaries; accordingly the court granted the applicant's ex parte application to pay the unclaimed client cash and securities into court and authorised disposal (including unsaleable shares under s56(1) TO) in terms of the revised draft order.