18 Sept 2002
ABN AMRO BANK N V v. MANHARLAL TRIKAMDAS MODY AND ANOTHER
- Citation
- ABN AMRO BANK N V v. MANHARLAL TRIKAMDAS MODY AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP4724/2001
The appeal was dismissed because the Master's terms were drawn from the Defendants' own proposals, the Defendants had breached key terms (payment and production of evidence), and a subsequently registered sealed judgment by a third party undermined the refinancing basis for the stay, so there was no proper basis to vary or extend the terms; costs were ordered against the 1st Defendant.