Read the full judgment text of HCA 006553/1984 on BabelCite. This High Court CFI judgment was delivered on 14 January 1985.
1. In this case the Plaintiff by its statement of claim issued on 24th September 1984 claims from the Defendants $808,400.00 under a hire purchase guarantee and indemnity dated 2nd November 1982. It alleges that the Defendants guaranteed payments due to it under a hire purchase agreement dated 25th September 1982 from the hirer Chung Ngai Graphic Arts Co. (Chung Ngai) for the purchase of certain equipment, and that Chung Ngai has defaulted.