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Web14 ago 2024 · The Federal Court in this case resolved the issue relating to forfeiture of deposit paid in a sale and purchase agreement in relation to section 75 of the Contracts Act 1950. Facts of the Case The appellant (Cubic Electronics Sdn Bhd) was wound up on 25 July 2011 and liquidators was appointed to manage the company’s affairs. The appellant … WebWorkers Trust & Merchant Bank Ltd v Dojap Investments Ltd [1993] 2 All ER 370 (25% deposit) Forfeiture of deposit denied where it is disproportionate to the actual losses suffered. Although deposit rule is generally subjected to the penalty rule, this is only the case where the amount of deposit was reasonable. 10% was reasonable.
Dojap
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WebBorn and raised in L.A., Doja Cat made her first upload to Soundcloud in 2013 at just 16-years-old. She developed a knack for music by studying piano and da... Web26 giu 2013 · Workers Trust & Merchant Bank Ltd v Dojap Investments Ltd ([1993] AC 573, PC) was an appeal to the Privy Council from the Court of Appeal of Jamaica. A purchaser had paid a 25% deposit and this had been forfeited by the vendor when the purchaser failed to complete on time (time being of the essence for completion).
http://ads.dojap.com/servlet/view/dynamic/url/media?mid=252&pid=0 WebContract, remedies. Workers Trust and Merchant Bank Ltd v Dojap Investments Ltd [1993] UKPC 7 is a contract law case of the Judicial Committee of the Privy Council, on appeal …
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