Read the full judgment text of HCMP 006146/1999 on BabelCite. This High Court CFI judgment was delivered on 17 February 2000.
1. The 2nd defendant mortgaged an industrial unit (hereinafter referred to as "the Mortgaged Property") to the plaintiff bank in return for a loan to the 1st defendant. The other defendants also entered into further guarantees for the due payment by the 1st defendant of all advances owing by the 1st defendant to the plaintiff. The 3rd defendant and his wife were the owners of a house in Fairview Park (hereinafter referred to as the "Subject Property") which was also mortgaged to the plaintiff un