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317:, the Kwong Hing Building. It was only shortly advertised with limited details. The reserve price was fixed without the guidance of a qualified valuer at $ 1.2m. There was only one bid. It was Mrs Wong. She was acting on behalf of the company owned by Mr Wong and his family. They had apparently had a board meeting before resolving that they would bid up to a maximum of $ 1.2m.
334:
that although the respondent was free to sell to a company in which he was interested, he had failed to demonstrate he had taken reasonable care in the conduct of the sale. An auction was not necessarily the most appropriate mode of sale. Expert advice should have been sought for valuing and the sale mode. Lord
Templeman said:
333:
restored the judge’s award, holding that although the sale could not be set aside, given that too long was taken, damages could be awarded. There was a clear conflict of interest here, importing a necessity to show that reasonable precautions had been taken to get the best price. The Board advised
338:... the sale must be closely examined and a heavy onus lies on the mortgagee to show that in all respects he acted fairly to the borrower and used his best endeavours to obtain the best price reasonably obtainable for the mortgaged property.
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The trial Judge found that $ 1.2m was not a proper price, but refused to set the sale aside because of the borrower’s delay in pursuing the counterclaim. He awarded damages instead. The Court of Appeal set aside the judge’s award.
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G and C Kreglinger v New
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Judicial
Committee of the Privy Council cases on appeal from Hong Kong
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Powers of lender in repossession and application of proceeds of sale
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The right to redeem and harsh variation of mortgages
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108:Learn how and when to remove this message
663:Negligent and non-market conduct of sale
430:ss 8-16B, 26-40, 50-88C, 126-136, 140A-B
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609:Cheltenham & Gloucester BS v Norgan
492:Royal Bank of Scotland v Etridge (No 2)
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46:adding citations to reliable sources
715:Silven Ltd v Royal Bank of Scotland
468:Undue Influence and Separate Advice
673:Cuckmere Brick Co v Mutual Finance
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57:"Tse Kwong Lam v Wong Chit Sen"
33:needs additional citations for
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838:Tse Kwong Lam v Wong Chit Sen
820:Wong Chit-Sen v Tse Kwong-Lam
800:Tse Kwong Lam v Wong Chit Sen
776:York Buildings Co v MacKenzie
687:Tse Kwong Lam v Wong Chit Sen
586:Administration of Justice Act
274:Tse Kwong Lam v Wong Chit Sen
216:Tse Kwong Lam v Wong Chit Sen
196:Tse Kwong Lam v Wong Chit Sen
185:Wong Chit-Sen v Tse Kwong-Lam
159:Tse Kwong Lam v Wong Chit Sen
123:Tse Kwong Lam v Wong Chit Sen
844:Court of Appeal of Hong Kong
202:Court of Appeal of Hong Kong
478:Barclays Bank plc v O'Brien
439:Financial Conduct Authority
418:ss 2-28, 56-66, 138 and 150
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239:Lord Fraser Of Tullybelton
222:Supreme Court of Hong Kong
191:Supreme Court of Hong Kong
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577:Arrears and repossession
399:Law of Property Act 1925
243:Lord Brandon Of Oakbrook
219:[1984] HKCFI 309
841:[1980] HKCA 264
823:[1979] HKCFI 39
199:[1980] HKCA 264
188:[1979] HKCFI 39
804:[1983] UKPC 28
626:(1997) 73 P&CR 158
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279:[1983] UKPC 28
163:[1983] UKPC 28
770:English property law
377:Sources on mortgages
42:improve this article
779:(1795) 3 Paton 378
765:English trusts law
873:Property case law
868:1983 in Hong Kong
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408:and ss 88-91
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174:Case history
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150:25 July 1983
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40:Please help
35:verification
32:
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613:EWCA Civ 11
857:Categories
784:References
752:Law portal
677:EWCA Civ 9
453:UTCCR 1999
441:Handbook (
390:In general
98:March 2019
68:newspapers
733:easements
588:1970 s 36
525:28 ER 838
416:FSMA 2000
297:Mr Wong (
155:Citations
428:—
426:CCA 1974
401:ss 85-87
343:See also
325:Judgment
287:mortgage
283:land law
266:Mortgage
261:Keywords
691:UKPC 28
523:(1762)
496:UKHL 44
443:MCOB 13
315:Kowloon
307:Chinese
299:Chinese
147:Decided
82:scholar
600:QB 263
539:UKPC 1
482:UKHL 6
309::
301::
253:&
167:All ER
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550:AC 25
293:Facts
281:is a
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165:, 3
161:
137:Court
89:JSTOR
75:books
731:and
727:see
329:The
61:news
311:謝廣林
303:黃直生
44:by
859::
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169:54
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370:e
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105:(
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96:(
86:·
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38:.
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