18 Dec 2023
CHASE ON PLASTIC HOUSEWARE LTD v. CHASE ON DEVELOPMENT LTD AND ANOTHER
- Citation
- [2023] HKCFI 3200
- Court
- Court of First Instance
- Case number
- HCA1325/2021
The Recorder dismissed the appeal, holding there was credible evidence to infer the plaintiff would be unable to pay the 2nd defendant’s costs (given its incorporation purpose, failure to produce audited accounts or bank statements, inconsistent documents and lack of independent evidence of alleged capital injection); the 2nd defendant was not an "attacker" in substance because significant parts of its counterclaim were defensive and other parts raised distinct issues; it was just and fair to order security for costs of HK$1,200,000 up to exchange of witness statements.