Read the full judgment text of LDBM 139/2021 on BabelCite. This Lands Tribunal judgment was delivered on 14 July 2023.
1. This litigation arose out of the background of huge deficit of about $18 million said to be have been accumulated as at 31 December 2020 by the subject estate situated in Ap Lei Chau known as “Larvotto” ( the Estate ). The Estate has 9 towers of residential units and 400 residential car parking spaces. The Deed of Mutual Covenant and Management Agreement governing the Estate was dated 27 April 2011 and it was registered at the Land Registry on 17 May 2011 ( the DMC ). At all material times, t
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