28 Nov 2000
V-Eagle Industries Co. Ltd. v. SO OI LIN
- Citation
- V-Eagle Industries Co. Ltd. v. SO OI LIN
- Court
- District Court
- Case number
- DCCJ15497/2000
The defendant's complete non‑payment of any instalment for seven months with no prospect of future payments constituted a fundamental breach; the plaintiff was entitled to rescind the repayment agreement, issue proceedings (which constituted sufficient notice), and obtain judgment on the original invoices with interest and costs.