Six Stars Investments & Ors v Anpor Holdings [2004] NSWSC 793

Six Stars Investments & Ors v Anpor Holdings [2004] NSWSC 793

The notice of 22 March 2004 was not effective to extend the Plan Registration Date under cl 49.3 because there was no timely determination by the vendor's architect as required; accordingly, the purchaser was entitled to exercise the right to rescind under cl 6.5 of the deed.

Parties
Plaintiff 1: Six Stars Investments Pty Ltd; Plaintiff 2: SRGA Investments Pty Limited; Plaintiff 3: Mohamed Boussi; Plaintiff 4: Johanna Cruz; Plaintiff 5: Simon Miks; Plaintiff 6: Yanal Dweik; Plaintiff 7: Hasham Elmasry; Plaintiff 8: Tamer Ibrahim; Plaintiff 9: Sharif Elkotby; Plaintiff 10: Yasser Elgammal; Plaintiff 11: May Karnib; Plaintiff 12: Haissam Yassine; Plaintiff 13: Edward Matush; Plaintiff 14: Mohamed Mustapha; Plaintiff 15: Allen Nassouh; Plaintiff 16: Rammiz Omar; Plaintiff 17: Bassim Omar; Plaintiff 18: Majde Saffaga; Plaintiff 19: Wissam Tawbe; Plaintiff 20: Ali Tawbe; Plaintiff 21: Mohamed Teffaha; Plaintiff 22: Ali Faeeh; Plaintiff 23: Bassem Bou Younes; Plaintiff 24: Issam Bou Younes; Plaintiff 25: Gebran Boulattouf; Plaintiff 26: Suzan Boulattouf; Defendant: Anpor Holdings Pty Ltd
Jurisdiction
Australia
Judgment Date
18 August 2004
Procedural Posture
Contract (equity Division) / Interlocutory Application—construction Determined on a Final Basis
Outcome
Proceedings stood over to allow parties to draft final orders reflecting reasons; purchaser entitled to interlocutory relief.
Legal Topics
Right of Rescission Under Option Deed, Extension of Registration Date, Determination by Vendor's Architect

Case Brief

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Parties

Six Stars Investments Pty Ltd

Plaintiff 1

SRGA Investments Pty Limited

Plaintiff 2

Mohamed Boussi

Plaintiff 3

Johanna Cruz

Plaintiff 4

Simon Miks

Plaintiff 5

Yanal Dweik

Plaintiff 6

Hasham Elmasry

Plaintiff 7

Tamer Ibrahim

Plaintiff 8

Sharif Elkotby

Plaintiff 9

Yasser Elgammal

Plaintiff 10

May Karnib

Plaintiff 11

Haissam Yassine

Plaintiff 12

Edward Matush

Plaintiff 13

Mohamed Mustapha

Plaintiff 14

Allen Nassouh

Plaintiff 15

Rammiz Omar

Plaintiff 16

Bassim Omar

Plaintiff 17

Majde Saffaga

Plaintiff 18

Wissam Tawbe

Plaintiff 19

Ali Tawbe

Plaintiff 20

Mohamed Teffaha

Plaintiff 21

Ali Faeeh

Plaintiff 22

Bassem Bou Younes

Plaintiff 23

Issam Bou Younes

Plaintiff 24

Gebran Boulattouf

Plaintiff 25

Suzan Boulattouf

Plaintiff 26

Anpor Holdings Pty Ltd

Defendant

Procedural Posture

Contract (equity Division) / Interlocutory Application—construction Determined on a Final Basis

  1. 1 Whether the purchaser validly exercised their right to rescind under cl 6.5 of the deed
  2. 2 Whether the vendor effectively extended the Plan Registration Date under cl 49.3 of the contract
  3. 3 Whether the determination by the vendor's architect could be made after the purported extension

Ratio Decidendi

The notice of 22 March 2004 was not effective to extend the Plan Registration Date under cl 49.3 because there was no timely determination by the vendor's architect as required; accordingly, the purchaser was entitled to exercise the right to rescind under cl 6.5 of the deed.

Court Disposition

Proceedings stood over to allow parties to draft final orders reflecting reasons; purchaser entitled to interlocutory relief.