Read the full judgment text of HCA 2038/2012 on BabelCite. This High Court CFI judgment was delivered on 5 February 2014.
1. This is an application for security for costs which is made on behalf of the defendant against the plaintiff. The plaintiff is a Hong Kong company and the basis for the application is section 357 of the Companies Ordinance (Cap 32) and/or the inherent jurisdiction. As is well known, that section makes provision for “sufficient security” to be provided for the costs of the defendant in circumstances in which it appears “by credible testimony that there is reason to believe that the company wil
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