25 Jan 2008
INDIAN CORRIDOR SDN BHD AND ANOTHER v. CHINA IDEA DEVELOPMENT LTD AND OTHERS
- Citation
- INDIAN CORRIDOR SDN BHD AND ANOTHER v. CHINA IDEA DEVELOPMENT LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1/2008
The court allowed limited variation of the Mareva injunction to permit specific withdrawals because banks required express amounts, imposing strict reporting and documentary safeguards to protect plaintiffs; the plaintiffs' undertaking was conservatively fortified at HKD 9,000,000 to secure potential losses, and procedural time and costs directions were given.