30 Oct 2007
KOK MEAU NGOR, JENNIFER v. EBERHARD SCHONEBURG
- Citation
- KOK MEAU NGOR, JENNIFER v. EBERHARD SCHONEBURG
- Court
- District Court
- Case number
- DCCJ4897/2005
The court found the plaintiff entitled to recover the computed outstanding sum of $604,987.92 with interest from 4 October 2005; the defendant was in default on expiry of the grant period and plaintiff's right to recover the debt had accrued by the claim date, but the conditional right to a pledge of 500,000 shares (which arises within 12 months after default) had not yet matured by the date of claim; the allotment claim for 85,000 shares was dismissed because the parties treated that agreement as cancelled.