8 Nov 2005
YEOH AND ANOR V AL SAFFAF AND ORS HC AK CIV 2005-404-00964
- Citation
- openlaw-5d3b12a5_65e0_4106_bd51_df8ac5b3ef73.pdf
- Court
- High Court
The Court held defendant made false factual representations about pre‑sales and values of Crescent Road units that induced plaintiff to contract; those misrepresentations were sufficiently serious to justify cancellation under s 7 Contractual Remedies Act 1979. Recital C of the Heads of Agreement created an operative obligation to pay an additional $100,000 deposit on or before 30 November 2004 (or alternatively rectification would have been ordered). The 56 Paritai Drive Agreement was validly cancelled for non‑payment on 7 December 2004; defendants' attempted termination of the Heads of Agre…