“… In the present case the guarantee contains a clause which enables the bank by producing a certificate of indebtedness by its officer to dispense with legal proof of the actual indebtedness of the respondents. Clause 19 provides thus “A certificate by an officer of the bank as to the money and liabilities for the time being due or incurred to the bank from or by the customer shall be conclusive evidence in any legal proceedings against us or any one of us or our personal representatives.” It means that, for the purpose of fixing liability of the respondents, the company’s indebtedness may be ascertained conclusively by a certificate: see Dobbs v National Bank of Australasia Ltd(6); Bache & Co v Banque Vernes(7).”
Citibank NA v Ooi Boon Leong & Ors [1981] 1 MLJ 282 FC
Citibank NA v Ooi Boon Leong & Ors [1981] 1 MLJ 282 FC
