Read the full judgment text of HCA 001653/2004 on BabelCite. This High Court CFI judgment was delivered on 4 March 2006.
1. This is an application by the 1st, 5th, 6th and 7th defendants (“the defendants”) for security for costs pursuant to Order 23 rule 1 of the Rules of the High Court. In this action the 1st plaintiff is the leading plaintiff, the 2nd plaintiff is his wife and the 3rd plaintiff his assistant. He used to own and control a company called Hawkins Development Limited (“Hawkins”). Hawkins had issued and allotted 100 shares. The 2nd plaintiff used to hold 80 of those shares and the 3rd plaintiff h