NG KWOK LAI and NG CHUN HIMas managers of NG KWOK TSEUNG TSO v NG WING KI

Read the full judgment text of HCMP 003837/1998 on BabelCite. This High Court CFI judgment was delivered on 12 January 1999.

1. This is a vendor and purchaser summons taken out by the plaintiff, who is the vendor of the property at Nos. 333 and 334 of DD123 in Yuen Long (the said property). The plaintiffs are in fact the managers of this Ng Kwok Tseung Tso, the registered owner of the said property. By a sale and purchase agreement dated 22 September 1997 the plaintiff agreed to sell and the defendant agreed to buy the said property for the sum of $980,000. The completion date was scheduled to take place on or before