7 Jan 1976
FIRST ASIAN SECURITY CO v. MICHAEL S.K. NG
- Citation
- FIRST ASIAN SECURITY CO v. MICHAEL S.K. NG
- Court
- Court of First Instance
- Case number
- HCA1416/1974
Plaintiffs were not money-lenders under s.6(c) because lending was incidental to their stockbroking business; the defendant did not give unequivocal, price-independent instructions to sell all shares, therefore plaintiffs did not breach any obligation and are entitled to recover the balance claimed; the counterclaim fails.