9 Jan 1998
B+B ASIA LTD v. STADARD CHARTERED BANK
- Citation
- B+B ASIA LTD v. STADARD CHARTERED BANK
- Court
- Court of First Instance
- Case number
- HCAL3/1998
A limited injunction was justified because, on the documents, the guarantee likely had expired and the timing and circumstances of the Employer's demand (after payment by the Employer) gave rise to a real prospect of fraud; these exceptional facts overcame the normal principle of non-interference with independent banking guarantees and warranted injunctive relief in the exercise of the court's discretion.