1 Nov 1982
BOLLORE FURNITURE LTD AND ANOTHER v. BANQUE NATIONALE DE PARIS
- Citation
- BOLLORE FURNITURE LTD AND ANOTHER v. BANQUE NATIONALE DE PARIS
- Court
- Court of First Instance
- Case number
- HCMP946/1982
The bond created an absolute liability in respect of defaults occurring during the coverage period and did not make a timely demand a precondition for liability; therefore a demand made after the coverage expiry enforced an already accrued liability and the bank remained liable to pay.