An investment bought in the name of one from monies in the joint account will prima facie belong to the person in whose name the investment has been bought.
Citations:
[1965] Ch 450
Cited by:
Cited – Sandra Estelle Fielding v The Royal Bank of Scotland Plc CA 11-Feb-2004
The husband and wife had signed a bank mandate allowing the bank to act upon the authorisation of either of them. The wife complained that the bank should not be able to recover from her any sums expended by the husband.
Held: The mandate . .
Lists of cited by and citing cases may be incomplete.
Banking
Updated: 16 May 2022; Ref: scu.194781