Read the full judgment text of CACV 000034/1972 on BabelCite. This Court of Appeal judgment.
1. Luen Hop Hong, the appellant firm, on the 16th of February 1970 and on the 24th of February 1970 requested the respondent bank to open documentary irrevocable credits in favour of Mirch (U.K.) Ltd. in respect of the purchase by the appellant firm from Mirch of four second-hand diesel engines. The terms of the mandate directed to the respondent bank in the application for the credits empowered them to honour drafts drawn upon the bank by Mirch, through their bank in England, at sight for the f