The appeal by the majority to bring the date forward has not been decided upon yet. It is a 2 stage process for 'Quashing Orders '.
With due process and by law, there must be 8 clear days between the serving of the summons and the actual day of the hearing. But the minority lawyers have been given just one and a half days to prepare. The second day of the hearing for this appeal will therefore be heard on Friday afternoon.
If 20% want to stay in their comfort zone, should the other 80% be made to forgo a better future?
ReplyDeletesounds you are really disappointed for not being given 8 days. Where is the worry?
ReplyDeleteHi
ReplyDeleteI am quiet sad to note that the time given to minortity is only 1 and half day to prepare
Hi, I am just a wee bit confused at the moment. As i understand matters at present, the STB hearing has one more day which has been fixed after the 25th July deadline.
ReplyDeleteThe majority has filed proceedings in the High Court to seek an earlier date and this is where I am a bit confused, this High Court matter is going to be heard tomorrow afternoon??
Would you by any chance have a copy of their application to the High Court and if so, could you set out what orders they are asking the High Court to make??
Thanks a lot and great blog you have here, very informative and non biased, exactly the way it should be!!
so can the en bloc on-going or not ?
ReplyDeleteIt looks like time is not on majority's side. Any sign of them giving up the flight in this last lap of battle?
ReplyDeleteTo'a wee bit confused'.
ReplyDeleteThe 1 day left of STB Hearing has been fixed for the 7 Aug - after the expiry date 25 July. Hence the present application to the High Court by the majority to quash the STB decision not to change the date.The Attorney General is sitting on the sidelines and is not going to defend the STB, which is a shocker. As I said, it has been split int 2 days, leaving little time for the minority lawyers to prepare.
The application is 4 inches tick and I have no time today to wade through it again. Sorry
To 'sounds like'
ReplyDeleteI'm a stickler for due process,and fairness. This delay is not of the minority's making. This appeal is not made by the minority. We are not the defaulting party.
I am one of the majority who put our trust and faith with the enbloc lawyers, property agent and most of all the SC.
ReplyDeleteEven to this date as I am, I strongly believe most of the majority hope that this deal would not go thru. Many of the majority feel that we have been cheated of a true process in the sale. All can be said but the small lines which has been indicated in the S&P that "terms and conditions can be changed except the reserve price of our unit" has really changed our life in expectation of a better future.
From what I have gathered the majority who have signed the S&P has fear that if they oppose the sale, they would be sued.
The majority choose to live in fear. They choose to let themselves be bullied and cowed by words. They take threats at face value and don't bother to find out whether there is any basis to them.
ReplyDeleteIt's sad, but you let yourselves be drowned out by the vocal few, and one in particular.
Why would the 80% have to forego better future! The 80% surely would know how to sell ON THEIR OWN their own house without involving the 20%!
ReplyDeleteThe many of the 80% know how to sell on their OWN. However the SC does not how to sell or where to get accurate information. Alot of things also "don't know".
ReplyDeleteMany of majority express regret not at the price it was sold (and know they had been short changed) but at the way the en-bloc was done that resulted is this lack of good faith.
The CSA allows the SC to change anything except the reserved price, so even if the majority disagree with the SC, they will have no choice... Its just simply the 80% being locked in by a bad deal they can't back out. Lesson learnt they say, never to sign any deals without looking at the fine prints!!!
I still do not understand what the person is talking about when he/she is saying that "why would the 80% have to forego better future!" Is this person saying that with this money we are going to get minus knows not what deductions from the sale price, now with the legal appeal going on, which will be on our ac then looking out for a unit after the proceedings with the escalating HDB prices which is what we can buy now. Never a condo.
ReplyDeleteI FEE CHEATED THAT WITH THE DEVELOPER WANTING TO WITHDRAW ON EXPIRY DATE OF S&P THE MAJORITY SHOULD BE GIVEN A CHANCE FOR A MANDATE INSTEAD OF HOLDING THEM AGAINST THE SIGNATURE INKED A YEAR AGO. THE DEVELOPER IS NOT WANTING TO SUE ASK IF WE BACK OUT.