Option Holdings Pty Ltd v Meng Yu [2025] NSWCA 18

Option Holdings Pty Ltd v Meng Yu [2025] NSWCA 18

The application for leave to appeal was refused because the proposed grounds raised no issue of principle, public importance, or clear injustice and the only utility of the proposed appeal was in the issue of costs, not meeting the monetary threshold for appeal as of right. The applicants failed to show any arguable defence of contractual variation or promissory estoppel; the alleged agreement to vary the Deed by silence was not sustainable, nor was there sufficient basis for estoppel.

Parties
Applicant: Option Holdings Pty Ltd; Applicant: Howard Hao Ting Cao; Respondent: Meng Yu
Jurisdiction
Australia
Judgment Date
25 February 2025
Procedural Posture
Application for Leave to Appeal (civil) / Determination on Leave to Appeal, Court of Appeal
Outcome
Leave to appeal dismissed
Legal Topics
Summary Judgment, Leave to Appeal, Contract Variation, Promissory Estoppel, Costs Orders

Case Brief

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Parties

Option Holdings Pty Ltd

Applicant

Howard Hao Ting Cao

Applicant

Meng Yu

Respondent

Procedural Posture

Application for Leave to Appeal (civil) / Determination on Leave to Appeal, Court of Appeal

  1. 1 Whether the applicants should be granted leave to appeal from primary judgment granting summary judgment
  2. 2 Whether there was an arguable defence of contract variation or promissory estoppel
  3. 3 Whether the monetary threshold for appeal as of right was met

Ratio Decidendi

The application for leave to appeal was refused because the proposed grounds raised no issue of principle, public importance, or clear injustice and the only utility of the proposed appeal was in the issue of costs, not meeting the monetary threshold for appeal as of right. The applicants failed to show any arguable defence of contractual variation or promissory estoppel; the alleged agreement to vary the Deed by silence was not sustainable, nor was there sufficient basis for estoppel.

Court Disposition

Leave to appeal dismissed

Orders

  • Dismiss the applicants' summons seeking leave to appeal.
  • Order that the applicants pay the respondent's costs in the sum of $7,395.36.