NCBA v Boleyn and 3 Others default judgment 1
The plaintiff proved on a balance of probabilities that the 1st defendant defaulted on the loan and the 2nd to 5th defendants are liable as guarantors for the outstanding sum. The court admitted secondary evidence due to the defendants' inaccessibility. The defendants' failure to defend did not relieve the plaintiff of the burden of proof, which was met. General damages were denied as further liability would be excessive given the circumstances.
Source excerpt
- Loan default
- Guarantee liability
- Mortgage enforcement
- Default judgment