26 Jan 2005
MOK PING CHEONG ADOLF AND ANOTHER v. THE INCORPORATED OWNERS OF MA’S MANSION
- Citation
- MOK PING CHEONG ADOLF AND ANOTHER v. THE INCORPORATED OWNERS OF MA’S MANSION
- Court
- Lands Tribunal
- Case number
- LDBM331/2004
Where the owners have incorporated, the corporation is entitled to maintain a bank account in its own name under section 20 and management fees may legitimately be deposited into the IO's account; paragraph 4 of the Seventh Schedule permitted the owners in general meeting to establish the special fund and the August 20, 1999 resolution effecting the HK$30 increase was valid; the applicants' declarations were refused and the IO's claim for arrears was upheld.