Read the full judgment text of DCCJ 006740/2003 on BabelCite. This District Court judgment was delivered on 2 April 2004.
1. This matter has been very concisely and well argued on both sides. The plaintiffs and the defendants were good friends. The defendant, who I think was a banker employed in Hong Kong, was paid a total of HK$600,000 by the defendants by two separate cheques, $550,000 and $50,000, 20 July and 10 August 1995 respectively. These payments relate to a prospective property development of American-style housing at Poona in India. The statement of claim pleads that the terms of the agreement between th