15 Feb 1999
KING LAI\'S HOLDINGS LTD. v. HARBOUR PEARL LTD.
- Citation
- KING LAI\'S HOLDINGS LTD. v. HARBOUR PEARL LTD.
- Court
- Court of First Instance
- Case number
- HCA1854/1998
The defendant was not entitled to treat the plaintiff's conduct as repudiation because the plaintiff did not manifest an intention not to be bound by the provisional agreement; there was no obligation to sign a duplicate formal agreement and therefore no lawful basis to forfeit the HK$300,000 deposit.