Read the full judgment text of HCMP 002126/1995 on BabelCite. This High Court CFI judgment was delivered on 7 May 1996.
1. This is a Vendor and Purchaser Summons issued by the Plaintiff who was the Purchaser under an agreement for the sale and purchase of the property described in the Agreement. Under the Agreement, completion was due to take place on or before 5 p.m. on 24 July 1995, time being of the essence. At 5:17 p.m., the Purchaser's solicitors gave notice to the Vendor's solicitors demanding the return of the deposit. At 5:18 p.m., the Vendor's solicitors gave notice that the Vendor had forfeited the depo