15 Dec 2017
CHINA CITIC BANK INTERNATIONAL LTD v. DURRANT SIMON PATRICK MICHAEL
- Citation
- CHINA CITIC BANK INTERNATIONAL LTD v. DURRANT SIMON PATRICK MICHAEL
- Court
- Court of First Instance
- Case number
- HCMP3196/2013
The summons was dismissed because there was no legal basis to require pre‑completion disclosure of the sale documents sought nor to require an immediate payment of 50% of net sale proceeds to the defendant; proceeds must be applied according to section 54 CPO and the plaintiff undertook to pay the residue to the next person entitled within 14 days after completion, which the court recorded; costs awarded to plaintiff.