16 Jan 1973
WONG CHUN HO t/a HONG KONG WORLD WIDE ENTERPRISES CO v. THE OWNERS OF THE "ADRI XV" (INDONESIAN FLAG)
- Citation
- WONG CHUN HO t/a HONG KONG WORLD WIDE ENTERPRISES CO v. THE OWNERS OF THE "ADRI XV" (INDONESIAN FLAG)
- Court
- Court of Appeal
- Case number
- CACV38/1972
The appeal is dismissed: there was no shown fraud and no basis to set aside the arbitration agreement or remove the arbitrators; Clause 2(c) is properly construed to require the purchaser to open L/Cs upon notification of readiness, consistent with back-to-back financing; the contested evidence was not fresh as it had been before the arbitrators; the lower court correctly remitted only the question of quantum to the arbitrators and that decision is upheld.