10 Jul 1987
YIP FUNG INDUSTRIAL BUILDING
- Citation
- YIP FUNG INDUSTRIAL BUILDING
- Court
- Court of First Instance
- Case number
- HCMP62/1987
The legal charge was illegal and unenforceable because the respondent, not being licensed, fell within the Money Lenders Ordinance such that the security could not be enforced; accordingly S.H. Lock could not be paid the surplus proceeds and the Master's order awarding the surplus to S.H. Lock was set aside.