3 Apr 2014
GIGABILLION ASIA PACIFIC LTD v. SINO DYNAMIC INTERNATIONAL LTD
- Citation
- GIGABILLION ASIA PACIFIC LTD v. SINO DYNAMIC INTERNATIONAL LTD
- Court
- Court of First Instance
- Case number
- HCA1053/2011
Defendant failed to answer requisitions relating to the Incorporated Owners' liability in the ongoing litigations and therefore failed to prove good title; the liability constituted an encumbrance; plaintiff validly rescinded the Agreement and is entitled to return of deposits in the aggregate HKD 1,008,239.40 with interest from date of writ to payment at judgment rate.