Bank of China (Hong Kong) Ltd v. Twin Profit Ltd and Others

Read the full judgment text of HCMP 874/2009 on BabelCite. This High Court CFI judgment was delivered on 27 August 2010.

Cited by 8 cases

Case No.HCMP 874/2009
Court
High Court CFI
Date27 Aug 2010
Judge
Case Document
100%Judiciary

HCMP874/2009

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

MISCELLANEOUS PROCEEDINGS NO. 874 OF 2009

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IN THE MATTER of the property known as Office 1408 and Office 1409 on the 14th Floor of the Office Tower of Convention Plaza, 1 Harbour Road, Wanchai, Hong Kong (“1st Charged Property”)

 

and

 

IN THE MATTER of a Mortgage in respect of the 1st Charged Property dated 27 December 1997 and registered in the Land Registry by Memorial No.7397503

 

and

 

IN THE MATTER of a Second Mortgage in respect of the 1st Charged Property dated 14 December 2007 and registered in the Land Registry by Memorial No.07123102250083

 

and

 

IN THE MATTER of the property known as Unit No. 5 (also known as House No. E) and Unit No. 6 (also known as House No. F) of Sunshine Villa No. 48, Mount Kellett Road, The Peak, Hong Kong (“2nd Charged Property”)

 

and

 

IN THE MATTER of a Mortgage dated 9 July 1997 and registered in the Land Registry by Memorial No. 7202604 and a Mortgage dated 9 July 1997 and registered in the Land Registry by Memorial No. 7202605 in respect of the 2nd Charged Property

 

and

 

IN THE MATTER of a Deed of Variation and Further Legal Charge in respect of the 2nd Charged Property dated 9 November 2002 and registered in the Land Registry by Memorial No. 8825242

 

and

 

IN THE MATTER of a Second Mortgage in respect of the 2nd Charged Property dated 14 December 2007 and registered in the Land Registry by Memorial No. 07123102250079

 

and

 

IN THE MATTER of the property known as Shops A and B on the Second Lower Ground Floor, Shop B on the First Lower Ground Floor of Orlins Court (雅蘭閣) (formerly known as Wah Yip Building), Nos. 419R, 419S, 419T Queen’s Road West, Hong Kong (“3rd Charged Property”)

 

and

 

IN THE MATTER of a Mortgage in respect of the 3rd Charged Property dated 3 August 1992 and registered in the Land Office by Memorial No. 5375237

 

and

 

IN THE MATTER of the Deed of Guarantee dated 23 October 1998 executed by CROSSPROFIT DEVELOPMENT LIMITED and OTHERS in favour of BANK OF CHINA, HONG KONG BRANCH (“the Guarantee”)

 

and

 

IN THE MATTER of Order 88 of the Rules of the High Court, Cap.4

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BETWEEN

  BANK OF CHINA (HONG KONG) LIMITED Plaintiff

and

  TWIN PROFIT LIMITED 1st Defendant
  WELLCO DEVELOPMENT LIMITED 2nd Defendant
  JACKPOT DEVELOPMENT LIMITED 3rd Defendant
  WAY AND FUNG PROPERTY DEVELOPMENT
LIMITED
4th Defendant
  SUMMIT FORTUNE INVESTMENTS LIMITED 5th Defendant
  CROSSPROFIT DEVELOPMENT LIMITED 6th Defendant
  WAY AND FUNG INVESTMENT LIMITED 7th Defendant

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Before : Hon Fok J in Chambers (Open to Public)

Date of Hearing : 27 August 2010

Date of Decision : 27 August 2010

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C O R R I G E N D U M

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Kindly note the following correction in the Judgment of the above case given by the Hon. Fok J on 27 August 2010 : -

At the top right hand corner of Page 1, “HCMP874/2010” should be amended to read “HCMP874/2009”.

Dated the 28th September, 2010

 
  KAM  Kwong-lam
Clerk to the Hon. Fok J
Other Judgments in This Case

Further hearings and rulings under HCMP 874/2009