15 Mar 2024
RE TSUI (or TSU) KWONG LUN TSO with CHUI CHI KWONG and TSUI KA MING as managers
- Citation
- [2024] HKCFI 798
- Court
- Court of First Instance
- Case number
- HCMP13/2024
The court was satisfied on the evidence that the mortgagee and trustee could not be located despite reasonable enquiries, that there was no evidence the mortgage had been discharged, and that the proposed payment of HK$850 (HK$25 principal plus HK$7.50 yearly interest applied over 110 years) was adequate to satisfy any interest the mortgagee might have; accordingly the court granted leave to pay HK$850 into court and to proceed without notice, with directions for advertisement and a subsequent s12A(2) application.