29 Jul 1991
LUNG YUK LUN AND ANOTHER v. GRATEFULFIT INDUSTRIAL LTD
- Citation
- LUNG YUK LUN AND ANOTHER v. GRATEFULFIT INDUSTRIAL LTD
- Court
- Court of First Instance
- Case number
- HCMP1497/1991
Clause 26(a) constituted a condition precedent that suspended the vendors' obligation to specifically perform until the lender's consent was obtained and, because consent was not obtained within 60 days, the contractual obligation terminated and the agreement became null and void; the condition was not waivable by the purchaser and the court must grant the declaratory relief and vacate registration.