21 Feb 2014
SIMNEX INDUSTRIAL LTD v. THE CONTINUITY CO LTD
- Citation
- SIMNEX INDUSTRIAL LTD v. THE CONTINUITY CO LTD
- Court
- Court of First Instance
- Case number
- HCA2038/2012
The defendant did not establish a reasonable belief, on the material before the court, that the plaintiff would be unable to pay the defendant's costs if ordered to do so; the available accounts and auditors' certificate and the overall circumstances made it more likely than not the plaintiff could meet a costs order, and the overlap between claim and counterclaim militated against ordering security for costs against the plaintiff alone.