21 Oct 1988
SUM WING CREDITS LTD v. SHUN YIP TEXTILES LTD AND OTHERS
- Citation
- SUM WING CREDITS LTD v. SHUN YIP TEXTILES LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1848/1987
A crossed cheque marked "Not Negotiable" remains transferable; an indorsee who took the cheque for value, in good faith and without notice of defects obtained sufficient title to sue the drawer; the drawer failed to prove conditional delivery or that the indorsee was party to the payee's breach of faith; and total failure of consideration defence failed on the facts and law.