Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Presumption of due execution (s.23a cpo)
  • 24 May 2011

    SMART MAX ENTERPRISE LTD v. SPEEDY WAY LTD

    Citation
    SMART MAX ENTERPRISE LTD v. SPEEDY WAY LTD
    Court
    Court of Appeal
    Case number
    CACV4/2011

    The purchaser was entitled to reasonable time to consider answers to requisitions and clause 6 (seven working days to reply) evidenced an agreed period to assess answers; when the vendor delivered answers only on the day fixed for completion and then demanded completion the next day (or offered only a one‑day postponement), the vendor breached the agreement by not affording the purchaser the contractual/ reasonable time to consider the answers. That breach entitled the purchaser to terminate and recover the deposit; there was no waiver by the purchaser. The appeal is therefore dismissed.