18 Oct 2006
KENSLAND REALTY LTD (in compulsory liquidation) v. TAI TANG AND CHONG
- Citation
- KENSLAND REALTY LTD (in compulsory liquidation) v. TAI TANG AND CHONG
- Court
- Court of Appeal
- Case number
- CACV44/2006
The Court allowed the appeal and dismissed the action because the cause of action accrued on 2 September 1997 when the plaintiff acted on the defendant's advice and thereby incurred liability; the plaintiff was on notice or had sufficient knowledge to start inquiries at that time so s31 did not extend the limitation period, and s31(6) prevents reliance on later knowledge that the acts amounted to negligence as a matter of law.