Read the full judgment text of HCA 000073/1974 on BabelCite. This High Court CFI judgment.
1. On the 2nd of November, 1973, the defendant instructed the plaintiff company to acquire Rights of Hutchison International Limited to subscribe for 2,000 shares. The document entitling the defendant to subscribe for 2,000 shares in a letter of allotment in favour of the defendant was not tendered until at least 10 days after the 2nd November to the defendant, whereupon the defendant denied that he had ever authorised the plaintiff company to purchase such Rights for him at the price mentioned