CMED (Private) Limited has dragged Croco Motors to court
for failing to deliver two outstanding vehicles bought in 2018.
CMED, a State-owned enterprise, has approached the High
Court claiming the supply and delivery of two Datsun Go 1.2 vehicles.
It is also claiming $416 000 in damages for loss of
business calculated from December 2018 to January 2020, together with interest
at the rate of five percent per annum from the date of summons to date of full
payment.
The damages are for breach of contract, to be paid in the
sum equivalent to the current market value of the two vehicles.
Reads the summons: “Plaintiff (CMED) operates a driving
school business and on average each car does 350 lessons a month at $40 a
lesson. The car also gets hired for VID road tests and gets hired on average
every month ten times at $200 per each car hire.
“A combination of the car hires and lessons meant that the
two cars were supposed to generate $460 000 from the date that the defendant
was supposed to have delivered the cars in December 2018 to date, which period
is now 13 months.”
In the summons, CMED said in September 2018, it entered
into an agreement with Croco Motors for the supply of six Datsun Go 1.2
vehicles at an agreed purchase price of US$113 400, including value added tax
and customs and excise duty.
The agreement stipulated that delivery was supposed to be
done within six to eight weeks.
CMED completed the payment on September 13, 2018, but Croco
Motors only delivered four vehicles and to date has refused to deliver the
remainder. CMED is demanding that the automotive company pays the cost
of the suit.
Croco Motors is yet to respond to the claims. Herald
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