Read the full judgment text of HCA 011468/1996 on BabelCite. This High Court CFI judgment was delivered on 12 December 1997.
1. The Plaintiff and the Defendant were friends who, in the summer of 1993, decided to go into business in partnership together in equal shares. They set up a firm under the name Mega Development Co. ("MDC" or "the Company"). The intended business of the Company, according to the Plaintiff, was general trading and also investing in stocks and shares. The Defendant however denies that it was ever intended that the Company should trade in stocks and shares : she freely conceded that both she and t