6 Aug 1980
CHANDAR GHANSHAMDAS v. BARLOY DEVELOPMENT & INVESTMENY CO LTD AND OTHERS
- Citation
- CHANDAR GHANSHAMDAS v. BARLOY DEVELOPMENT & INVESTMENY CO LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCL15/1980
Court preferred plaintiff's evidence, found no authority or instruction to trade, found trading was unauthorised and constituted churning by the defendants; therefore the 1st Defendant is liable to restore the plaintiff's HK$100,000, the counterclaim fails, and the warranty claim against the 2nd and 3rd Defendants fails because plaintiff knew they were not COMEX dealers.