INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LIMITED formerly known as UNION BANK OF HONG KONG LIMITED v TRACKER INVESTMENTS LIMITED (formerly known as SHEEN MILLION INVESTMENT LIMITED)

Read the full judgment text of HCMP 001960/2002 on BabelCite. This High Court CFI judgment was delivered on 19 May 2003.

1. This is a mortgage action. The plaintiff is the lender and mortgagee. The 1st defendant, to which I will refer as "Tracker" is the borrower. The persons named as the 2nd defendant are guarantors. The property is the 23rd and 25th to 28th floors of a building at 133 Wanchai Road, Hong Kong. On 21 May 2002 the plaintiff by issued an Originating Summons by which it sought from Tracker vacant possession of the property, except for the 27th floor which had already been redeemed and sold, and payme

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