BARCLAYS BANK (D.C.O.) LTD. v. PERSEVERANCE TRANSPORT SERVICES LTD.      

Companies—Power to borrow in excess of issued capital—Ostensible authority—Failure to pass resolution at general meeting in compliance with regulation 65, Table A of the Companies Ordinance Cap. 193 (1951 Rev.)—The rule in Royal British Bank v. Turquand.

Contract—Novation.