18 Jul 2001
Winvar Investment Inc. v. Southern Mark Ltd.
- Citation
- Winvar Investment Inc. v. Southern Mark Ltd.
- Court
- District Court
- Case number
- DCCJ4768/2001
Plaintiff, a BVI company, failed to demonstrate that its central management and control is in Hong Kong or to provide evidence of available unencumbered Hong Kong assets; the court therefore exercised its discretion to order security for costs against the non-resident plaintiff and fixed the amount at HK$220,000 to be paid into court within 56 days, with the action stayed pending payment and to be struck out if not paid, costs in the cause and certificate for counsel.