Read the full judgment text of on BabelCite. was delivered on 25 October 1989.
1. On 25th July 1989 this Court gave its decision on this appeal which concerned the effect of certain statutory provisions relating to banking. There were three preliminary points of law in issue which had been ordered to he tried under RSC O.33,r.3 and the Court, by a majority, decided that the effect of section 129 of the current Banking Ordinance, as amended by section 27 of an Ordinance of 1987, was that the liability of a principal debtor to a bank for a debt was enforceable as against the