28 Apr 2011
MAXBASE INVESTMENTS LTD v. CHAN CHUI PING AND ANOTHER
- Citation
- MAXBASE INVESTMENTS LTD v. CHAN CHUI PING AND ANOTHER
- Court
- District Court
- Case number
- DCCJ808/2010
The court found that the agent had authority and did communicate a counter-offer which terminated the original offer, but on the balance of probabilities the defendants did not validly revoke their original offer and by their subsequent conduct put their HK$7.1M offer back on the table; consequently the preliminary agreements were binding on the respective defendants and the plaintiff was entitled to judgment for the deposit sums, interest and costs, with directions to prevent double recovery.