The Weekly Law Reports
[1984] 3 WLR 1303
[PRIVY COUNCIL]
PHILLIP WILLIAM CARNEY APPELLANT AND JOHN EDWARD HERBERT AND OTHERS RESPONDENTS
[APPEAL FROM THE SUPREME COURT OF NEW SOUTH WALES]
1984 Oct. 2,
3;
29
Lord Fraser of Tullybelton, Lord Scarman, Lord Diplock, Lord Roskill and Lord Brightman
Australia— New South Wales— Contract— Agreement for sale of shares in company— Payment secured by defendant's guarantee and mortgages by subsidiary company— Mortgages illegal— Whether mortgages severable— Whether guarantee enforceable—
Companies Act 1961, s. 67(1)(3) (as amended to 1975)
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