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1. On 22nd November, 1982 the Hong Kong Kowloon First Securities Co. issued a writ against the defendant for U.S.$384,044.32 being money allegedly due from the defendant on an account stated. A summons under Order 14 was taken out on 9th December and after a couple of adjournments the matter finally came before a Master on 25th March, 1983. At the hearing, it was argued as a preliminary point that Hong Kong Kowloon First Securities Co., being a sole proprietorship, was incompetent to bring the a