Read the full judgment text of HCA 003181/1992 on BabelCite. This High Court CFI judgment was delivered on 12 March 1996.
1. The 1st Plaintiff ("Mr Wong") seeks rescission of an agreement ("the First Agreement") that he entered into with the 1st Defendant ("Mr Chu") in about March 1991 to buy Mr Chu's share in Watlink Limited ("Watlink"), a company owned and controlled by Mr Chu for $650,000 on the ground that he was induced to enter into that Agreement by misrepresentations made by Mr Chu. At all material times, the issued capital of Watlink consisted of two shares, one in the name of Mr Chu and the other in the n
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