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{\title IN THE HIGH COURT OF FIJI (AT SUVA)}{\author Amelia Rasovo}{\operator blake_r}{\creatim\yr2004\mo8\dy30\hr11\min25}{\revtim\yr2004\mo8\dy31\hr10}{\printim\yr2002\mo5\dy20\hr16\min47}{\version3}{\edmins2}{\nofpages3}{\nofwords842}{\nofchars4800}
{\*\company Judicial Department}{\nofcharsws5631}{\vern16389}}\widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\hyphcaps0\formshade\horzdoc\dghspace180\dgvspace180\dghorigin1701\dgvorigin1984\dghshow0\dgvshow0
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\qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 \fs20\lang1033\langfe5129\cgrid\langnp1033\langfenp5129 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 IN THE HIGH COURT OF FIJI}{
\b\fs24\lang2057\langfe5129\langnp2057\insrsid2036819\charrsid2036819 
\par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 (AT SUVA)
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 CIVIL ACTION NO. HBC 162 OF 2000S
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 Between:
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 THE REVEREND SULIASI KURULO
\par PASTOR VILIAME LOMALOMA
\par PASTOR SANAILA SOQOVATA
\par PASTOR SOLOMONI VAKARURU
\par EMOSI TOROCA
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 First Plaintiffs
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 and
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 ISIMELI TUBUTUBU
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 Second Plaintiff
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 and
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 NBF ASSET MANAGEMENT BANK
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 Defendant
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par Ms. U. Fa for the Plaintiffs
\par Ms. R. Singh for the Defendant
\par 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 JUDGMENT
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par By these proceedings (somewhat unusually commenced by way of Originating Motion) the Plaintiffs seek an order for specific performance of a contract for the purchase of land CT 7240 for which they successfully tendered after it was advertised by way of a 
mortgagee sale by the Defendant (the Bank).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 See Exhibits NG1, NG2 and NG5 to the second Plaintiff\rquote 
s supporting affidavit filed on 13 April 2000.
\par 
\par As will be seen from Exhibit NG5 the Bank required that full settlement of the purchase price of $30,000 be effected within 30 days from 27 October 1999 but provided that this period could be extended by the Bank at its discretion.
\par 
\par On 10 November 1999 solicitors for the Plaintiffs wrote to the Bank (Exhibit NG7) requesting an extension of the 30 day period.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
Although the initial 30 day period had already expired, on 30 November 1999 the Bank extended settlement until the end of December 1999 (Exhibit NG8).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 As will be seen from the Bank\rquote s letter a condition of the extension of the completion period was the payment of a non refundable deposit of $3,000 by 10 December.
\par 
\par On 14 November the Bank acknowledge receipt of the $3,000 deposit (Exhibit NG9).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 It also reminded Plaintiff\rquote 
s solicitors that $26,900 (presumably $30,000 less $3,000 less $100 tender deposit) the balance of the purchase price was to be paid by 31 December 1999.
\par 
\par On 1 February 2000 Plaintiff\rquote s solicitors again wrote to the Bank (Exhibit NG10).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 On behalf of their clients they sought 
\'93more time to pay off the outstanding $18,000 balance of the purchase price\'94.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 They offered to pay off the sum \'93
by weekly instalments of $500 to $600\'94.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 At the rate of $600 per week it would take 30 weeks to pay off the sum of $18,000.}{
\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 The difference between $26,900 outstanding in November 1999 and $18,000 outstanding
 in February 2000 is apparently (although not exactly) accounted for by three payments made direct to the bank on behalf of the Plaintiff on dates unknown to me either in December 1999 or January 2000 (see Exhibit NG11).
\par 
\par On 15 February the Bank replied to the Plaintiff\rquote s solicitors (Exhibit NG12).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
The offer of weekly payments was declined and the Plaintiffs were given a final 7 days to settle in full.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 The bank advised that 
\'93should you fail to settle (the outstanding balance of $18,300) within 7 days the Bank will proceed to re-advertise the property without further notice and all your deposits (will be) forfeited.\'94
\par 
\par On 16 February the Plaintiffs solicitors again sought a further month to raise the balance of $18,300 (Exhibit NG13).
\par 
\par On 17 February the Bank twice advised the Plaintiff\rquote s solicitors that it stood by its final offer of 15 February: the whole sum outstanding was to be paid by 21 February.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 On 23 February (Exhibit NG17) the Bank advised the Plaintiff\rquote s solicitors that owing to the Plaintiffs failure to complete it was proceeding to re-advertise the property.
\par 
\par The position now is that the property has been re-advertised and a binding sale and purchase Agreement has been entered into between the Bank and a third party.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 The Bank views the contract with the Plaintiffs as having failed.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 It is refusing to refund the $11,700 paid by the Plaintiffs.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
Mr. Laisenia Takala, Senior Manager Loan Recovery explained in paragraph 19 of his affidavit filed on 4 October 2000 that the moneys paid by the Plaintiff 
are regarded by the Bank as consideration paid by the Plaintiffs to the Bank for extending the completion date of a contract which subsequently failed.
\par 
\par Much of Ms. Fa\rquote s written submission was devoted to the repayment of these sums in the event that specific performance was refused.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 As pointed out however at the hearing the reliefs sought in these proceedings do not include the return of sums paid by the Plaintiffs}{
\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 to the Bank and accordingly the right or otherwise of the Bank to retain these sums is not before me for determination.
\par 
\par The only questions before me are whether I should grant specific performance of the contract and whether I should restrain the Bank from selling the property to a third party.
\par 
\par Having considered the affidavits before me I am of the view the Plaintiffs failure to complete by 21 February 2000 as was required by the Bank\rquote s letter of 15 February 2000 coming as it did after repeated earlier fa
ilures amounted to a breach of the contract between the Plaintiffs and the Bank by the Plaintiffs entitling the Bank to rescind.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 

\par 
\par I reach this conclusion notwithstanding the provisions of Section 12 (2) of the Property Law Act (Cap 130).}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 I do so first b
ecause the Bank expressly stipulated and the Plaintiffs clearly accepted that 21}{\fs24\lang2057\langfe5129\super\langnp2057\insrsid15950175\charrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
February 2000 was to be the final date for completion and secondly because of the Plaintiffs failure to complete within a reasonable time.
\par 
\par As I see it there is now no subsisting contract for the sale of the land between the Plaintiffs and the Bank.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
Therefore there is nothing in respect of which to order specific performance.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
Neither is there any basis for restraining the Bank from proceeding with its sale to the third party.
\par 
\par As already explained the question of the refund of moneys paid by the Plaintiffs to the Bank is not before me.}{\fs24\lang2057\langfe5129\langnp2057\insrsid2036819  }{\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
Now that the Bank is free to proceed with the sale of the land it will doubtless reconsider the merits of retaining these sums.
\par 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 M.D. Scott
\par Judge
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid2036819 {\fs24\lang2057\langfe5129\langnp2057\insrsid15950175\charrsid2036819 
\par 22 May 2002
\par }}