Read the full judgment text of HCA 000646/1998 on BabelCite. This High Court CFI judgment was delivered on 26 March 1998.
1. The defendant appeals against the Order made by Master Poon on 16th March dismissing its application for security for costs pursuant to section 357 of the Companies Ordinance, Cap. 32 of the Laws of Hong Kong. The brief background in this case is that the defendant as vendor and the plaintiff as purchaser entered into a written provisional agreement for the sale and purchase of Flat 38H, Goldwin Heights, No.2 Seymour Road, Hong Kong dated 17th October 1997. Completion was to have been the 5th
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