16 Dec 2003
PHILIPS ELECTRONICS HONG KONG LTD v. MING HING ELECTRICAL CO LTD
- Citation
- PHILIPS ELECTRONICS HONG KONG LTD v. MING HING ELECTRICAL CO LTD
- Court
- Court of First Instance
- Case number
- HCA1743/2002
Because the Dealer Agreement and the Sales Contract were validly executed under seal and the defendant's director had been informed of the new guaranteed targets, the defendant was contractually liable for shortfalls; plaintiff proved unpaid purchase price, interest and loss of profits as calculated and was entitled to judgment; the defendant's counterclaim was dismissed for absence under the RHC rules.