13 Aug 2015
BILLION LEAD INVESTMENT LTD v. UNION JOYCE LTD AND OTHERS
- Citation
- BILLION LEAD INVESTMENT LTD v. UNION JOYCE LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2145/2011
Paragraph 6(iii) of the settlement Schedule completed the valuation process and made the valuer's decision in the May Report final and conclusive; the court will only interfere if the valuer materially departed from instructions; no material departure was shown (including on treatment of bills payable and application of IVS), so the May Report stands and the respondents' summons is dismissed.