3 Dec 1977
WONG LAI YING AND OTHERS v. CHINACHEM INVESTMEN T CO LTD
- Citation
- WONG LAI YING AND OTHERS v. CHINACHEM INVESTMEN T CO LTD
- Court
- Court of First Instance
- Case number
- HCA2739/1975
Clause 22 expressly provided for rescission on unforeseen events and the parties had contracted for the consequences; defendant failed to rescind 'forthwith' and waited an unreasonable period, so frustration does not apply; therefore defendants remain bound and plaintiffs are entitled to relief including specific performance and interest to be assessed.