Read the full judgment text of HCA 000844/1974 on BabelCite. This High Court CFI judgment was delivered on 10 February 1975.
1. This is an action by the Malaysia America Finance Corporation (H.K.) Ltd. (hereinafter referred to as the plaintiff) against the Mercantile Bank Ltd. (hereinafter referred to as the defendant) for HK$400,000 debited against the plaintiff's account with the defendant. By its statement of claim the plaintiff alleges that the defendant acted without authority in paying out a forged cheque exhibit 5. The plaintiff further alleges that the defendant was negligent in failing to detect the forgery,