“…not rest wholly on questions of policy, rather than the statutory language, but policy does have a role to play. In Bank of India v Morris [2005] EWCA Civ 693, [2005] BCC 739, for example, Mummery LJ, giving the judgment of this court said at [93]:…”
“…In this court, ([2005] EWCA Civ 693, [2005] BCC 739) as Mummery LJ recorded at [86], the bank accepted that section 213 could apply to a corporate counterparty. This point reappeared at other parts of the judgme…”