8 Feb 2012
EMPEROR SECURITIES LTD v. NAVIN KUMAR AGGARWAL AND OTHERS
- Citation
- EMPEROR SECURITIES LTD v. NAVIN KUMAR AGGARWAL AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1167/2011
Summary judgment was refused and unconditional leave to defend granted because the transactions exhibit extraordinary features, there are substantial and bona fide triable issues as to the genuineness of the escrow arrangements, authority of signatories, possible fraud or money laundering, and disputed calculations; those matters require a full trial and cannot be resolved on the summary application.