Read the full judgment text of CACV 000183/1998 on BabelCite. This Court of Appeal judgment was delivered on 23 December 1998 before Hon. Godfrey, J.A..
Civil procedure – security for costs – appeal – mortgagor's appeal – mortgagee's action for payment and possession – illegality defence – Money Lenders Ordinance – BVI company – not registered in Hong Kong – only asset insufficient to cover debt – difficulty funding appeal – whether security would stifle appeal – court ordered security of HK$500,000 – if not given within 14 days appeal dismissed – costs of application – copying costs disallowed as unnecessarily excessive.
Legal issues: Security for costs on appeal
Outcome: Security for costs ordered.