17 Jun 2009
SHANGHAI COMMERCIAL BANK LTD v. JETCO FREIGHT LTD AND ANOTHER
- Citation
- SHANGHAI COMMERCIAL BANK LTD v. JETCO FREIGHT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1822/2004
On the evidence the court concluded the 1st defendant was indebted in the stated principal and interest amounts as shown in the plaintiff's records and the 2nd defendant was liable under the guarantees; the notices to customers were authorised by the Charge (registered) and could not have caused the pleaded loss; the defendants produced no evidence for the counterclaim and no set-off was pleaded; accordingly judgment for the plaintiff and costs were awarded.