30 Sept 1999
SAMOVER CO. LTD. v. CHEUNG PUI CHING CATHEEN AND ANOTHER
- Citation
- SAMOVER CO. LTD. v. CHEUNG PUI CHING CATHEEN AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA22049/1998
Requisitions were adequately and timely answered and were frivolous when raised one working day before completion; defendants unjustifiably refused to complete; plaintiff validly accepted repudiation after reasonable negotiation period; Clause 17(3) is a valid contractual remedy (not a penalty); plaintiff entitled to recover deficiency on genuine resale within six months, with credit for forfeited deposit and set off of additional deposit; damages assessed at HKD 1,284,630 plus contract interest.