BANK OF INDIA v. TRANS CONTINENTAL COMMODITY MERCHANTS LTD. AND JASHBAI NAGJIBHAI PATEL
[1983] 2 Lloyd's Rep. 298
COURT OF APPEAL
Before Lord Justice Stephenson, Lord Justice O'Connor and Lord Justice Robert Goff
Banking - Foreign exchange transactions - Guarantee - Bank agreed to buy and sell foreign exchange for company - Performance of contracts guaranteed by guarantor - Company defaulted - Whether bank could claim under guarantee.