Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Payment conditions

Legal area

Court

19 May 2003

BEST HONOUR INVESTMENT & DEVELOPMENT LTD v. BEST SONIC LTD

Citation

BEST HONOUR INVESTMENT & DEVELOPMENT LTD v. BEST SONIC LTD
Court

Court of First Instance
Case number

HCA4391/2002

Extension of time for relief against forfeiture was granted because the defendant demonstrated sincerity by presenting cashier's orders payable to the plaintiff's solicitors and undertaking immediate payment of outstanding sums; the court exercised its discretion to grant relief conditional on payment of specified sums by a fixed deadline.
23 Nov 1993

WATERMAN INC v. SLIPFORM ENGINEERING LTD.

Citation

WATERMAN INC v. SLIPFORM ENGINEERING LTD.
Court

Court of Appeal
Case number

CACV33/1993

Because the defendant failed to pay the specifically identified US$48,000 within the contractual seven‑day period agreed as the condition of the compromise, the alleged collateral agreement did not become effective and the plaintiff retained the right to claim the full demurrage; consequently there were no triable issues on that point and summary judgment for the outstanding US$61,500 was properly entered and should be affirmed.