Read the full judgment text of HCMP 001188/1996 on BabelCite. This High Court CFI judgment was delivered on 27 November 1996.
1. By an Agreement for Sale and Purchase dated 2 February 1996, the Plaintiff agreed to purchase and the Defendant agreed to sell Shop A, Ground Floor and Cockloft, No.100 Woosung Street, Kowloon ("the Property") for the purchase price of $3 million. A deposit of $200,000 had been paid before execution of the agreement, and a further deposit of $300,000 was paid upon execution of the same. Completion was to take place between 9:30 a.m. and 10:00 a.m. on 21 March 1996. The Plaintiff was selling a