Hay v Laurent Construction Ltd - [1987] 2 NZLR 184

Contract — Sale of land — Limitation of actions — Purchaser in default for a period exceeding six years under agreement for sale and purchase of land — Purchaser in 1985 served settlement notice and tendered settlement but vendor declined to settle — Purchaser issued proceedings in 1986 seeking specific performance or damages — Whether proceedings out of time — Limitation Act 1950, s 4.