13 Oct 2003
THE GRANDE PROPERTIES MANAGEMENT LTD v. BOLEX INVESTMENT CO LTD
- Citation
- THE GRANDE PROPERTIES MANAGEMENT LTD v. BOLEX INVESTMENT CO LTD
- Court
- District Court
- Case number
- DCCJ21517/2001
The court found on the balance of probabilities that notices were properly served and the 1997 and September 2001 resolutions were valid and binding under the DMC, defendants failed to prove their pleaded assertions of invalidity/negligence or to show reliance and loss, breaches of the Code did not invalidate the resolutions, and accordingly defendants were liable for the unpaid contributions with interest and their counterclaims were dismissed.