24 Aug 2005
KWOK KAM YIU v. BRIGHT LAMP INDUSTRIES LTD
- Citation
- KWOK KAM YIU v. BRIGHT LAMP INDUSTRIES LTD
- Court
- District Court
- Case number
- DCCJ522/2003
Court found defendant made material representations (in pamphlet, tender documents and orally) that parts of the estate had been converted to public rental housing and that occupancy was high; those representations were false and the defendant did not honestly believe them or was reckless (at least negligent); plaintiffs relied and were induced to take licences; rescission was valid and restitution substantially possible; defendants' counterclaims dismissed; plaintiffs entitled to return of licence deposits subject to deduction of licence/outgoings for specific surrender periods and interest;…