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Civil Appeal No. 4 of 2007

by syahirah.suhaili | May 23, 2007 | Court of Appeal of Brunei Darussalam

[Appeal against judge’s award of interest and default interest due on Banker’s claim under facility letters granting a term loan. Agreement for repayments on the loan to be made from customer’s current account which he did not keep in funds so that it went into unauthorised overdraft. Principal sums repaid by agreement. Issues concerning the interest and default interest payable on the overdraft and principal under the facility letters. Facility letter agreements held to apply to the current account as well as the loan account. Order of the judge upheld. Appeal dismissed. ]

Hj Md Yussop Bin Hj Md Daud v Baiduri Bank Brunei

COACV/4/2007

Decision date: 23 May 2007

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