Read the full judgment text of HCA 005644/1979 on BabelCite. This High Court CFI judgment.
1. On the 19th December 1979 the plaintiff issued a writ against the defendant claiming the sum of $99,000.00 being the balance of a loan due by the defendant under a Chinese memorandum dated the 26th December 1973. The amount of the loan was $100,000.00 and the defendant agreed to make repayment at the rate of a monthly sum of not less than $1,000.00 commencing on the lst January 1974. The first monthly payment due in January 1974 was in fact paid leaving the balance.