12 Jul 2000
KWAN LAI KIT EDDIE AND ANOTHER v. LEUNG MUK LAN
- Citation
- KWAN LAI KIT EDDIE AND ANOTHER v. LEUNG MUK LAN
- Court
- Court of First Instance
- Case number
- HCA2179/1998
The signed provisional agreement of 31 May 1997 contained all essential terms and was a legally binding contract; the Defendant knowingly signed and gave the HK$150,000 as initial deposit, subsequently dishonoured the cheque and repudiated the contract, the Plaintiffs validly accepted repudiation and forfeited the deposit and are entitled to recover the deposit amount and reimbursement of stamp duty; allegations of misrepresentation, price-splitting and cancellation were rejected on credibility and legal grounds.