B Sirley adn Company v Tanganyika Tegry Plastics Limited (Civil Appeal No. 14 of 1968)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Court of Appeal dismissed the appeal, holding that the appellant failed to prove he was a holder in due course of the promissory note. The cheque used to discount the note was drawn on the appellant's clients' account, raising a prima facie inference that he did not give value. The appellant's refusal to produce his ledger when challenged justified an adverse inference. The presumption under section 30(1) of the Bills of Exchange Ordinance was rebutted by the evidence.
Outcome
Appeal dismissed with costs to respondents
Facts
The appellant, a Nairobi advocate, sued as holder of a promissory note for Shs. 23,485 made by the respondents in favour of Polypen Limited. The note was issued in payment for ball-pen refills that Polypen Limited failed to deliver, resulting in total failure of consideration. The appellant was Polypen Limited's legal adviser, had formed the company, held two shares as nominee, and had been an alternate director. He discounted the note by giving Polypen Limited a cheque for Shs. 18,000 drawn on his clients' account. When challenged in cross-examination to prove he had first deposited his own funds to cover the cheque, the appellant refused to produce his ledger despite having been served with notice to produce all relevant books.
Issues
- Whether the appellant gave value for the promissory note.
- Whether the appellant was a holder in due course without notice of defect in title.
- Whether the trial judge erred in drawing an adverse inference from the appellant's failure to produce his ledger.
- Whether the presumption under section 30(1) of the Bills of Exchange Ordinance was rebutted.
Orders
- Appeal dismissed.
- Costs awarded to the respondents.
Rules and key headnotes
Legislation cited (3)
- Bills of Exchange Ordinance s.30(1)
- Bills of Exchange Ordinance s.84
- Civil Procedure Code Order XXXV
Cases cited (4)
- Robinson v Reynolds (1841) 114 E.R. 76
- Sakaldal Vrajdas v Chunilal Damji Mehta (1946) XIII EACA 58
- A. N. Phakey v World Wide Agencies Ltd (XV EACA 1)
- George and Co. v Pritam's Auto Service (XXII EACA 233)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.