28 Aug 2009
IFS CAPITAL LTD v. HUNG KIN LAM of CHI TAT ENTERPRISE CO (a firm) AND OTHERS
- Citation
- IFS CAPITAL LTD v. HUNG KIN LAM of CHI TAT ENTERPRISE CO (a firm) AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1080/2007
The court held the assignment to the Plaintiff was valid under Singapore law, the Plaintiff had satisfied due diligence, and the Defendants by clear, unambiguous representations (delivery notes, email confirmations and conduct at meetings) were estopped from denying they were purchasers who received the goods; the assignor's fraud and arguments of mistake/agency did not defeat the Plaintiff's rights as innocent assignee; judgment entered for Plaintiff on the claimed sums with interest and costs.