Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Repartitioning
  • 6 Jun 2014

    GUO JIANJUN AND ANOTHER v. DRAGON FAME INVESTMENT LTD

    Citation
    GUO JIANJUN AND ANOTHER v. DRAGON FAME INVESTMENT LTD
    Court
    Court of First Instance
    Case number
    HCMP318/2013

    Clause 5 replaced the vendor's duty to answer requisitions on the legality of the repartitioning by obliging the vendor to provide an authorised person's certificate; that certificate was a document of title that had to be delivered within a reasonable time before completion so solicitors could carry out necessary checks in the ordinary course of business; the vendor breached clause 5 by delivering the certificate so late (after office hours on the day of completion) that it deprived the purchasers of reasonable opportunity to verify it, and that breach amounted to repudiation accepted by the…