24 May 2007
FLETCHER STEEL LTD V NAHAL CONTRACTORS LTD AND ORS HC AK CIV-2006-404-498
- Citation
- openlaw-ad4fccaa_50c0_422f_a33f_888b15c8c70b.pdf
- Court
- High Court
Plaintiff established an arguable case that payments made as a result of fraud were impressed with a constructive trust which is capable of giving rise to a proprietary interest in the two properties because funds were used to acquire or improve equity in those properties; accordingly the caveats shall not lapse pending determination of the claim.