Budget Stationery Supplies Pty Ltd & Dudley v National Australia Bank Ltd

Judgment date: 25/09/1996
Court: NSWSC
Judge: Santow J
Citation: (1996) 7 BPR 14,891;
Catchwords: Contract;  Interpretation;  Admissibility of extrinsic evidence;  Ambiguity, inconsistency, and absurdity;  

Contract;  Void contracts;  Uncertainty;  Whether contract void for uncertainty;  

Contract;  Remedies;  Rectification;  Whether document represented common intention of parties;  

Estoppel;  Estoppel;  Estoppel by representation;  Term of loan;  

Restitution;  Contract;  Defences to restitution;  Whether change of position or estoppel a defence to restitution;  

Guarantees and indemnities;  Guarantees;  Unconscionability;  Spouse with limited commercial knowledge;  

Negligence;  Causation;  Financial and investment advice;  Bank advice regarding loan transaction;  

Trade and commerce;  Trade practices;  Misleading or deceptive conduct;  Where no intention to mislead;