Read the full judgment text of HCA 736/2022 on BabelCite. This High Court CFI judgment was delivered on 26 September 2024 before Deputy High Court Judge Le Pichon.
Civil procedure – undertaking – discharge – Mareva injunction – settlement – breach – indemnity costs – payment into court – Whether the 2022 Order was a temporary measure or settlement – Held: Settlement – Whether undertaking can be discharged without material change – Held: No – Breach of Undertaking found due to concealment of account closures – Discharge Summons dismissed – Defendants ordered to pay Sum into Court within 14 days – Costs on indemnity basis
Legal issues: Nature of 2022 Order · Discharge of Undertaking · Breach of Undertaking · Costs
Outcome: Discharge Summons dismissed; Defendants ordered to pay Sum into Court within 14 days; Costs to Plaintiff on indemnity basis.
Cited by 2 cases · Cites 8 cases