8 Nov 1974
BONDS STOCK & INVESTMENT CO (A FIRM) v. LEUNG TSI-NENG
- Citation
- BONDS STOCK & INVESTMENT CO (A FIRM) v. LEUNG TSI-NENG
- Court
- Court of First Instance
- Case number
- HCA1761/1973
The defendant was entitled to repudiate because in share sales prompt delivery is a vital term; the plaintiff's failure to deliver within a period the court considered not prompt (more than two working days) constituted a breach permitting the defendant to treat the contracts as repudiated. The court preferred the defendant's evidence and granted judgment for the defendant with costs.