11 Mar 2015
NOVO STEEL (HK) LTD v. PEAKO ENGINEERING CO LTD
- Citation
- NOVO STEEL (HK) LTD v. PEAKO ENGINEERING CO LTD
- Court
- Court of First Instance
- Case number
- HCCL14/2012
The correct construction of O.22 r.26 is that any sanctioned offer or sanctioned payment is presumed inclusive of interest up to the last date the offer could be accepted without leave; applying that rule, the plaintiff's offer of HK$2,800,000 exceeded the plaintiff's entitlement inclusive of interest to 24 July 2013, so O.22 r.24 does not apply and the application to vary the costs order nisi is dismissed with costs to the defendant.