To be held to be a banker in law, it was not necessary for a company to open current accounts.
Citations:
(1915) 19 CLR 457
Citing:
Applied – In re Shields’ Estate, Bank of Ireland (Governor and Co.), Petitioners 1901
The court considered whether the maintenance of current accounts was essential before a business could be considered to be a bank. . .
Cited by:
Cited – United Dominions Trust Ltd v Kirkwood CA 24-Feb-1966
The defendant was MD of a company which borrowed from the plaintiff. The company drew five bills as security, and the defendant endorsed them. When the company failed, the plaintiff gave notice of dishonour and sued the defendant as indorsee. The . .
Lists of cited by and citing cases may be incomplete.
Banking, Commonwealth
Updated: 10 May 2022; Ref: scu.260044
