13 Feb 2023
STAREX DEVELOPMENT LTD v. YAU SO CHING as the administrator of the estate of YEUNG LEUNG CHUEN, the deceased AND OTHERS
- Citation
- [2023] HKDC 96
- Court
- District Court
- Case number
- DCCJ2374/2021
Clause 10 must be read as a whole: where clause 10(1) occurs, the purchaser's election to continue or forgo is exercisable on or before the completion date (28 April 2020) as expressly stated in clause 10(b); implying an earlier deadline would contradict the express wording and is unnecessary for business efficacy; plaintiff did not unequivocally elect, waive or become estopped by conduct after 30 July 2019; therefore plaintiff validly terminated under clause 10(b), is entitled to return of deposits and judgment in its favour, and defendants' counterclaims fail.