5 Feb 2004
RE GREENWALLS BIOENGINEERING LTD
- Citation
- RE GREENWALLS BIOENGINEERING LTD
- Court
- Court of First Instance
- Case number
- HCCW1032/2003
The petitioner disclosed management accounts demonstrating profitability, material cash balances and a balance sheet that, taken as a whole, did not establish by credible testimony that the petitioner would be unable to pay the respondent's costs; therefore jurisdiction under s.357 to order security for costs was not established and no security was ordered.