Read the full judgment text of HCA 009119/1998 on BabelCite. This High Court CFI judgment was delivered on 11 June 2003.
1. On 16 October 1997, the plaintiff as vendor agreed to sell and the defendant as purchaser agreed to purchase the property known as 1058 Canton Road ("the Property") for the sum of HK$19 million. The Provisional Agreement for Sale and Purchase was signed on that day and on 3 November 1997, a formal Sale and Purchase Agreement was signed. Clause 2 of the Agreement provided for payments of the various deposits and also that the balance should be paid on the completion date which was agreed as 30