Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Security for repayment

Legal area

Court

15 Apr 1999

TO KAN CHI AND OTHERS v. PUI MAN YAU AND OTHERS

Citation

TO KAN CHI AND OTHERS v. PUI MAN YAU AND OTHERS
Court

Court of First Instance
Case number

HCMP6907/1998

The appeal is dismissed and Mortimer V-P's partial stay is upheld because the plaintiffs' offered undertakings do not provide sufficiently certain and enforceable security and recovery of the $20,000,000 from the plaintiffs or TKYT land would not be easy given legal and statutory obstacles, including s.15 of the New Territories Ordinance and absence of Secretary for Home Affairs' consent.
31 Jan 1992

LEE MA LOI v. COMMISSIONER OF INLAND REVENUE AND ANOTHER

Citation

LEE MA LOI v. COMMISSIONER OF INLAND REVENUE AND ANOTHER
Court

Court of First Instance
Case number

HCMP2936/1991

A stay of the order of 12 December 1991 was granted because there was a substantial risk that repayment would render the Commissioner's appeal nugatory; the stay would remain unless and until the applicant provides proper security for repayment of the $1,000,000 to the Commissioner in the event the Commissioner's appeal succeeds, with liberty to the applicant to apply to lift the stay on furnishing such security.