11 Apr 2000
WISHING STAR LTD. v. PAUL Y-ITC CONSTRUCTION LTD.
- Citation
- WISHING STAR LTD. v. PAUL Y-ITC CONSTRUCTION LTD.
- Court
- Court of First Instance
- Case number
- HCMP1156/2000
The court held the revised settlement of 16 February was valid and binding, granted leave under s2C Cap.341 to enforce it as an award, refused to remit the matter to the arbitrator because finality was required and remitting would be inefficient, and ruled interest is payable under s2GI from the award date (fixed as 16 February) so judgment-rate interest runs from the payment due date (23 February 2000).