Read the full judgment text of HCMP 000792/1996 on BabelCite. This High Court CFI judgment was delivered on 3 June 1996.
1. This is a vendor and purchaser summons. The property to which the summons relates consists of two shops on the ground floor, offices and a store room on the first floor, and the roof of a building at 5 - 9 Fuk Lo Tsun Road, Kowloon. By an agreement dated 19th January 1996, the Plaintiff, Calody Enterprises Ltd. ("Calody"), agreed to sell the property to the Defendant, Able Force Ltd. ("Able"), for the sum of $15m. Completion of the agreement was originally fixed for 31st January. The agreemen