Read the full judgment text of HCMP 001008/1987 on BabelCite. This High Court CFI judgment.
1. The plaintiff in this matter is a very large travel agent which specializes in tours to Thailand. It advertises extensively on television, radio and in the newspapers. As a result of financial difficulties being experienced by some other travel agents and a loss of public confidence in the travel industry as a whole, in February 1986 the plaintiff decided to deposit a sum of $10 million in an interest bearing account with the defendant for a period of one year. The deposit receipt was placed