Get Nominees Limited v Trinity Welsh Homes Limited
Time was of the essence for the right to rescind under clause 2.1 of the contract. The defendant failed to exercise its right to rescind within the 14-day period following the event of default, and therefore its purported rescission was invalid. The claimant is entitled to specific performance and associated costs.
- Parties
- Claimant: GET NOMINEES LIMITED; Defendant: TRINITY WELSH HOMES LIMITED
- Jurisdiction
- England and Wales
- Judgment Date
- 09 September 2014
- Procedural Posture
- Civil / Trial Judgment
- Outcome
- Claimant succeeds; defendant's rescission invalid.
- Legal Topics
- Specific Performance, Rescission of Contract, Time of the Essence, Sale of Land
Case Brief
Summary, issues, holding and outcome
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Parties
GET NOMINEES LIMITED
Claimant
TRINITY WELSH HOMES LIMITED
Defendant
Procedural Posture
Civil / Trial Judgment
Legal Issues
- 1 Whether time was of the essence for exercising the right to rescind under clause 2.1 of the sale contract
- 2 Whether the defendant validly rescinded the contract after the expiry of the 14-day period
Ratio Decidendi
Time was of the essence for the right to rescind under clause 2.1 of the contract. The defendant failed to exercise its right to rescind within the 14-day period following the event of default, and therefore its purported rescission was invalid. The claimant is entitled to specific performance and associated costs.
Court Disposition
Claimant succeeds; defendant's rescission invalid.
Orders
- Specific performance of the sale agreement ordered.
- Claimant entitled to the cost of its notice to complete (£100).
Full Case Text
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