13 Jan 2000
NEW ADVANCED LTD. v. LAU HI TIM AND ANOTHER
- Citation
- NEW ADVANCED LTD. v. LAU HI TIM AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP3511/1999
The court held that the evidence of prolonged non-enforcement (no demands for repayment for at least 12 years), the chain of title inquiries, and the prior discharge of a related mortgage demonstrated that the mortgage and sub-mortgage were time-barred and therefore incapable of subsistence or unenforceable by operation of the Limitation Ordinance (Cap.347).