 Resource |
Text: Law Report
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| Title |
Potts v Miller [1940] HCA 43; (1940) 64 CLR 282 (12 December 1940) |
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| Abstract/Description |
The measure of damage in a case in which a person is induced by fraud to take up shares in a company is the difference between the amount he paid for the shares and the real value of the shares at the time of allotment, and not at any subsequent period, although subsequent events may throw light on the value at the time of allotment. The admissibility, in an action for deceit, of a company's books and balance· sheet for the purpose of proving the result of its financial operations and, in particular, the value of shares in the capital of the company discussed. |
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| Item URL |
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| Date Issued |
12 December 1940
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| Holding Institution |
Australasian Legal Information Institute
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| Language |
English
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| Citation |
High Court of Australia, Potts v Miller [1940] HCA 43; (1940) 64 CLR 282 (12 December 1940) , Australasian Legal Information Institute, 12 December 1940
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| Data Set |
AusStage |
| Resource Identifier |
52568
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