Read the full judgment text of HCMP 007944/1981 on BabelCite. This High Court CFI judgment was delivered on 18 March 1983.
1. The plaintiffs are suing the defendants under a contract dated the 1st of September 1981 for the supply of 15,400 yards of material which they claimed were sold to the defendants at the price of US$26,950. It was a term of the said contract that the defendants should issue a letter of credit in favour of the plaintiffs to effect payment for the goods. The defendants issued a letter of credit but included in it a stipulation to the effect that the fabric which was being supplied should be of J