Read the full judgment text of HCA 1848/2017 on BabelCite. This High Court CFI judgment was delivered on 22 July 2020.
1. This is the Plaintiff’s action for the return of a refundable deposit it had paid under a Letter of Intent dated 8 June 2016 (“L/I”). The primary obligator for the refund is the 1 st Defendant, the contracting party who received the deposit under the L/I. The 2 nd and 3 rd Defendants were the guarantors for the fulfilment of the 1 st Defendant’s obligations under the L/I.