Alexander v Tse - [1988] 1 NZLR 318

Contract — Options — Option to purchase land — Vendor gave option to purchase land and later purported to cancel it alleging misrepresentation or mistake — Proposed purchaser brought proceedings seeking a declaration that the option was valid and a decree of specific performance — After the hearing in the High Court but before the Judge delivered his reserved decision, the option expired without the purchaser exercising it — In reserved decision, High Court Judge extended option and made a decree of specific performance — Whether option was valid — Whether Court had jurisdiction to extend option — Whether Court may decree specific performance of option.