5 Apr 1984
JAYSON FINANCE CO LTD v. HELNOND LTD AND OTHERS
- Citation
- JAYSON FINANCE CO LTD v. HELNOND LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1170/1984
Court found the plaintiff had an arguable case on ultra vires lending (authority from Rolled Steel Products) but the applicant failed to show a real risk of asset dissipation; applicant's evidence was flimsy and contained non‑disclosures; accordingly the Mareva injunction was discharged and costs awarded to the 2nd and 3rd defendants.