Read the full judgment text of HCCL 47/1996 on BabelCite. This HCCL judgment was delivered on 3 May 2001.
1. The second summons before the court is the Defendant's summons for security for costs of defending this action. It is brought under s. 357 of the Companies Ordinance Cap. 32 on the grounds that it is "appears by credible testimony that there is reason to believe that the (Plaintiff Company) will be unable to pay the costs of the Defendant if successful in its defence".
Cited by 1 case