Read the full judgment text of HCA 003235/1984 on BabelCite. This High Court CFI judgment.
1. The plaintiff in this action is a wellknown financial company which, inter alia, grants facilities to clients for the discounting of post-dated cheques. The claim is based on 5 such post-dated cheques drawn, apparently, by the 1st defendant on his account with the Dah Sing Bank Limited in the name of Kimbal Enterprises ("Kimbal"). They are drawn in favour of Prosperous Trading Co. (Prosperous) and were discounted by Prosperous with the plaintiff. However, on presentation they were dishonoured