CWT Vs
The plaintiff’s claims do not fall under the categories of loss arising from fraud, misappropriation, or misuse of assets as contemplated by the cited regulations. Determining whether the claims fall under the regulations would require evidence, making the preliminary objection not a pure point of law. Therefore, the High Court retains jurisdiction and the preliminary objection is overruled.
Source excerpt
- Jurisdiction
- Banker-customer relationship
- Preliminary objection