26 Feb 1993
In re First, Bangkok City Finance Ltd. and Thai Mercantile Development Finance Ltd.
- Citation
- In re First, Bangkok City Finance Ltd. and Thai Mercantile Development Finance Ltd.
- Court
- Court of First Instance
- Case number
- HCCW202/1986
The letters of lien, on their plain language, only created security over the fixed deposits in the names of Anan and Chinda; Jinda and Sunee did not agree to secure the loans and therefore their deposits are independent and not liable to TMDF, so their proof of debt must be admitted.