The dummy importers got their kickbacks after assigning their import contracts to the financiers through a special power of attorney or a deed of assignment.
On considering the relevant clauses in the impugned deed of assignment, the court held that it was manifestly clear that no obligations of the assignor were assigned to the assignee.
All landlords should obtain a deed of assignment for every change of tenant within a tenancy to ensure they maintain records of who is in situ and from when.