Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Specified charge
  • 25 Jun 2025

    BANK OF COMMUNICATIONS (HONG KONG) LTD v. REGISTRAR OF COMPANIES

    Citation
    [2025] HKCFI 2731
    Court
    Court of First Instance
    Case number
    HCMP745/2025

    The Side Letter is not a "specified charge" under section 334(b) because, if executed by a natural person, it would not constitute a bill of sale under the Bills of Sale Ordinance; therefore its registration under section 335 was invalid or ineffective within the meaning of section 42(1)(a)(i). The statutory preconditions in section 42(4) were satisfied because the continuing presence of the registered documents would cause material damage to the Company and the Company's interest in removal outweighed any interest of the Bank; accordingly the Court ordered removal of the Registered Documents…