000 00862cab a2200193 4500
001 WB2605-60
008 090401t1990 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u66314
041 _aeng
245 _aCreditor not liable for fall in value
260 _c1990
350 _a0
490 _aDaily Telegraph
_v29/1/90 p18
520 _aIn China and South Sea Bank Ltd v George Tan , Judicial Committee of the Privy Council 13 November 1989, it was held that in advising that the bank `s appeal should be allowed the Privy Council stated that no creditor could carry on the business of lending if he could become liable to a surety for a decline in value of mortgaged property unless the creditor were personally responsible for the decline.
650 _aLIABILITY
690 _aPROPERTY LAW AND PRACTICE-CASE LAW
942 _n0
948 _c04/03/1997
999 _c41457
_d41457