Read the full judgment text of HCA 012426/1983 on BabelCite. This High Court CFI judgment was delivered on 7 March 1984.
1. This matter came before me on the afternoon of Friday, the 2nd of March. I heard argument from both counsel and at the conclusion of that argument I delivered an oral decision. I did so upon the basis that there was no direct authority that would assist me in coming to a conclusion on this matter. Since delivering that judgment I have referred myself to certain authorities which appear to me to be very much in point. Byles on Bills of Exchange in the 24th Edition at p.128 states:-