10 Mar 2000
BHAGWAN SHANKARDAS MOORJANI v. THE KA WAH BANK LTD.
- Citation
- BHAGWAN SHANKARDAS MOORJANI v. THE KA WAH BANK LTD.
- Court
- Court of First Instance
- Case number
- HCA16440/1998
On proper construction of clauses 3 together with 6 the bank was entitled to treat the plaintiff as liable for the floating loss and to require payment of additional cash margin; the bank lawfully squared off the JPY positions when margin was insufficient and the plaintiff's claim is dismissed.