GIAN SINGH & CO. LTD. v. BANQUE DE L'INDOCHINE

[1974] 1 Lloyd's Rep. 56

SINGAPORESUPREME COURT

Before Mr. Justice Chua

Singapore - Banking - Banker's commercial credit - Sale of fishing vessel - Credit to be opened by seller in favour of buyer - Payment to be made to buyer by bank on production of certificate by seller's agent that vessel was satisfactory - Payment made by bank - Allegation by seller that certificate was forged - Whether proof of forgery established - Whether seller liable to reimburse bank for sum paid - Uniform Customs and Practice for Documents Credits (revised 1962), arts., 7, 9.