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Appellate trial of company director’s suicide in court

On May 23, the People’s Court of Da Nang City opened an appellate hearing of the dispute over the contract for the transfer of land use rights and the compensation for the contract of the coastal golden land in Ngu Hanh Son district.

The two businesses involved in this case are Ha Hai Land Company Limited (Da Nang, defendant) and Song Da Industrial Park and Urban Development Investment Joint Stock Company (Sudico, plaintiff).

The appeal hearing is expected to take place in two days. In today’s appellate session, the Trial Panel carried out the court proceedings, read the first-instance judgment, and represented the plaintiff and the defendant to present their appeal against the judgment of the first instance. Tomorrow (May 24), the trial continues with the argument.

According to the lawsuit file, in October 2017, Land Ha Hai participated and won the auction of the right to use 2 land lots in Hoa Hai new urban area (Hoa Hai ward, Ngu Hanh Son district) with a total area of ​​12, 04 hectares of Sudico, the price is nearly 1,810 billion VND. The two parties have signed a land use right transfer contract.

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The appellate trial took place today

Land Ha Hai has paid for Sudico more than 400 billion VND. For the rest, Land Ha Hai has signed a credit loan with the bank, has a written agreement of the parties…

After that, Land Ha Hai discovered that the legal aspects of the 2 land lots still had some problems, so they did not continue to pay as committed despite Sudico’s repeated reminders.

On August 30, 2018, Sudico issued a notice to unilaterally terminate the contract, declare to cancel the transaction, take full ownership of the pre-ordered amount because it believes that Land Ha Hai violated the contract.

Then, the two sides sued each other in court. On December 8, the People’s Court of Ngu Hanh Son District (Da Nang) issued a first-instance judgment of the case “Dispute over the contract for the transfer of land use rights and compensation for the contract” between the two companies.

The trial panel accepted Sudico’s lawsuit request, agreeing to terminate the land use transfer contract between the two companies for the two land lots.

At the same time, rejecting Land Ha Hai’s request to initiate a lawsuit to continue to perform the transfer contract of the two above-mentioned land lots, and rejecting requests for Sudico to compensate Lan Ha Hai for damage because of the lengthy transfer process. .

Immediately after hearing the judge’s verdict, Mr. Vo Van Cuong (Director of Land Ha Hai Co., Ltd.) urgently took out a bottle of insecticide from his pocket and drank it in court. Mr. Cuong was then protected by the police force at the trial and brought to the hospital by his family members.

Ho Giap

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