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Written by: Zhu Dixin
2021-06-07 14:06
Last update date: 2021-06-07 14:06
The Yau Ma Tei Fortune Center branch of Neway, a chain of karaoke stores, was alleged to have defaulted on rent and management fees since November last year, involving approximately 8.09 million yuan.
The owner of the shop filed a lawsuit in the High Court last Friday (4th) to pursue arrears of rent and request Neway to return the shop.
The plaintiffs are Xingye Investment Industrial Co., Ltd. and Fortune Center Co., Ltd., and the defendants are Junzi Co., Ltd.
In filing a complaint, the plaintiff signed a lease with the defendant in 2017, renting the shop involved in the case to the defendant to operate Neway. The monthly rent for the first three years was more than 660,000 yuan, which was later increased to more than 760,000 yuan, and the defendant had to pay for management. Fees and rates.
The plaintiff and the defendant entered into a separate agreement between 2019 and 2020. If the defendant can perform the original lease, it will be eligible for rent reduction.
However, the defendant has defaulted on rent and management fees since November last year, involving approximately 6.28 million yuan.
In addition, because the defendant failed to perform the lease, the relevant rent reduction was invalid, and the defendant had to pay a total of RMB 8.09 million.
Case Number: HCA864/2021
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Neway rent arrears court
