Read the full judgment text of HCA 007151/1992 on BabelCite. This High Court CFI judgment was delivered on 15 March 2002.
1. This is an action to recover the proceeds of a cheque dated 1 October 1992 in the sum of $715,000 drawn by the defendant and payable to the plaintiff. The cheque was post-dated and was presented for payment on 1 October 1992. It was returned to the plaintiff marked "Payment countermanded by the drawer". The notice of dishonour was deemed to have been given statutorily and by a letter dated 1 October 1992 the plaintiff's solicitors demanded payment of the sum of $715,000.