24 Sept 1993
KLEINWORT BENSON (HONG KONG) TRUSTEES LTD. V.WONG FOON HANG (alias WONG FOON HAN) AND OTHERS
- Citation
- KLEINWORT BENSON (HONG KONG) TRUSTEES LTD. V.WONG FOON HANG (alias WONG FOON HAN) AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP3515/1992
The court found Kleinwort Benson had not become trustee at any relevant date because the residuary estate remained unascertained, no written assents under s.66(3) were executed to vest legal title in a trustee capacity, contemporaneous conduct and documentary evidence showed Kleinwort continued to act and be recorded as administrator and problems with key assets (notably No.22 Swatow Street and No.2 Shing Ping Street) remained unresolved; accordingly the declaration was refused and the assets remained unadministered for the purposes of grant de bonis non.