12 Apr 1985
TAXATION AND FINANCIAL SERVICE LTD HUGHES AND CO (a firm) v. SINO-BRITISH (HK) LTD
- Citation
- TAXATION AND FINANCIAL SERVICE LTD HUGHES AND CO (a firm) v. SINO-BRITISH (HK) LTD
- Court
- District Court
- Case number
- DCCJ10571/1984
The court held the plaintiffs were entitled to remuneration for the audit and arranging finance; the claimed travelling charge of $720 was not proved and must be disallowed; otherwise the time records and independent accountant's review supported the fee; the court is not bound by a time-cost formula and directors' signing of accounts did not estop the company from contesting the fee; judgment entered for the plaintiffs for $9,987.30 plus costs.