13 Feb 1987
DAO HENG BANK LTD v. LAM YING BOR INVESTMENT CO LTD AND ANOTHER
- Citation
- DAO HENG BANK LTD v. LAM YING BOR INVESTMENT CO LTD AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV151/1986
Viewed objectively an independent observer would conclude the 16 March 1984 letter constituted a declaration under clause 13.03 calling in the whole loan; therefore the loan was accelerated and the bank was entitled to judgment against borrower and guarantor.