16 Apr 2004
KEEN LLOYD RESOURCES LTD AND ANOTHER v. SIN HUA BANK LTD AND ANOTHER
- Citation
- KEEN LLOYD RESOURCES LTD AND ANOTHER v. SIN HUA BANK LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1319/2001
The injunction was discharged because the plaintiffs had materially failed to perform the Memorandum of Agreement (no sales, no rents paid into designated accounts, failure to pay rates, obstructive conduct), thereby changing the circumstances that justified preserving the status quo and permitting the Bank to enforce its securities.