31 Oct 2000
GRAND TRADE DEVELOPMENT LTD. v. BONANCE INTERNATIONAL LTD.
- Citation
- GRAND TRADE DEVELOPMENT LTD. v. BONANCE INTERNATIONAL LTD.
- Court
- Court of First Instance
- Case number
- HCMP2342/2000
A company document bearing the company's common seal is duly executed in the absence of article provisions to the contrary; the court declined to follow prior decisions requiring both sealing and additional signatures where not compelled by the articles, held s.23 presumption applied to the assignments in issue, and therefore the vendor's title was not defective and the plaintiff's claim failed.