Company: LHI
Filing Date: 2025-11-20
Form Type: F-1/A
Source: 0001213900-25-112807
Chunk: 155

Company: Living Homeopathy International Ltd.
Filing Date: 2025-11-20
Form: F-1/A
Chunk 155
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 such right or interest.

In relation to a contract term, the requirement of reasonableness for the purpose of the CECO is satisfied only if the court or arbitrator determines that the term was a fair and reasonable one to be included having regarded to the circumstances which were, or ought reasonably to have been, known to or in the contemplation of the parties when the contract was made.

Misrepresentation Ordinance (Chapter 284 of the laws of Hong Kong)

Under the Misrepresentation Ordinance, where a person entered into a contract after a misrepresentation has been made to him, and (a) the misrepresentation has become a term of the contract; or (b) the contract has been performed, or both, then, if otherwise he would be entitled to rescind the contract without alleging fraud, he shall be so entitled, subject to the provisions of the ordinance, notwithstanding the matters mentioned in (a) and (b) above.

Under section 3 of the Misrepresentation Ordinance:

| (a) | Where                                                                                             
 a person entered into a contract after a misrepresentation has been made to him by another        
 party thereto and as a result thereof he has suffered loss, then, if the person making the        
 misrepresentation would be liable to damages in respect thereof had the misrepresentation         
 been made fraudulently, that person shall be so liable notwithstanding that the misrepresentation 
 was not made fraudulently, unless he proves that he had reasonable grounds to believe and         
 did believe up to the time the contract was made that the facts represented were true.            |

| (b) | Where                                                                                           
 a person entered into a contract after a misrepresentation has been made to him otherwise       
 than fraudulently, and he would be entitled, by reason of the misrepresentation, to rescind     
 the contract, then, if it is claimed, in any proceedings arising out of the contract, that      
 the contract ought to be or has been rescinded the court or arbitrator may declare the contract 
 subsisting and award damages in lieu of rescission, if of opinion that it would be equitable    
 to do so, having regard to the nature of the misrepresentation and the loss that would be       
 caused by it if the contract were upheld, as well as to the loss that rescission would cause    
 to the other party.                                                                             |

| (c) | Damages                                                                                
 may be awarded against a person under item (b) whether or not he is liable to damages  
 under item (a), but where