The Plaintiff, Samiy Retail Inc., brought a motion for summary judgment in an action arising from a failed real estate transaction.
The Plaintiff sought damages for breach of an Agreement of Purchase and Sale (APS), including a shortfall from resale, financing costs, and forfeited deposits.
The Defendant, Sajish Kallarakkal, argued there were genuine issues for trial, including the validity of the APS due to late deposit, identification of parties, and late waiver of conditions.
The court found no genuine issue for trial, concluding that a binding contract existed and was breached by the Defendant.
The motion for summary judgment was granted, the counterclaim dismissed, and damages awarded to the Plaintiff.