7 Nov 1997
SHING FUNG FINANCE COMPANY LIMITED v. WAYLEE TEXTILES LIMITED
- Citation
- SHING FUNG FINANCE COMPANY LIMITED v. WAYLEE TEXTILES LIMITED
- Court
- Court of First Instance
- Case number
- HCA8077/1997
The blank indorsements did not render the cheques irregular on their face; the Plaintiff qualified as a holder in due course relying on statutory presumptions and evidence of value and good faith; therefore personal defenses alleged against prior parties did not defeat the Plaintiff's claim and judgment was entered for the Plaintiff on the three cheques.