26 May 2000
MOORJANI ARJAN RAMKRISHANDAS v. PATEL\'S WALL STREET EXCHANGE LTD.
- Citation
- MOORJANI ARJAN RAMKRISHANDAS v. PATEL\'S WALL STREET EXCHANGE LTD.
- Court
- Court of Appeal
- Case number
- CACV80/2000
The Court of Appeal upheld the trial judge's factual finding that the agreement was in the terms alleged by the Plaintiff, concluded that Ameen had authority or that the agreement was ratified by Mr Patel, and held that the damages awarded at trial should be reduced to reflect a conservative assessment of the resale value in the absence of valuation evidence, substituting a damages award of $512,950 with interest and ordering costs adjustments.