In January 2021, Billy went to the bank NBC Bank Ltd ("NBC") where "Vision" holds its accounts and she told the bank manager that the company needs to borrow $900,000 for purchasing new land. The bank manager agreed to this, on condition that the bank take security over the major asset of the company, which is the building from which "Vision" operates and in which Anil and Billy live. However, Billy intends to use the money to run away with Evan, who she has recently met at a corporate event. Anil has no knowledge of her (Billy) activity. Billy obtained the loan and mortgage documents from the bank. She (Billy) affixed the common seal of "Vision" and forged her husband's signature as secretary. The bank advanced the money and Billy absconded with it to Switzerland.

Is "Vision" liable under the loan contract and mortgage with the NBC Bank Ltd?