11 Nov 2015
SUPER SPEED LTD (IN LIQUIDATION) v. BANK OF BARODA
- Citation
- SUPER SPEED LTD (IN LIQUIDATION) v. BANK OF BARODA
- Court
- Court of First Instance
- Case number
- HCCW273/2012
Joinder of Grand Tai and the liquidators for costs purposes granted; costs order granted against Grand Tai as the self‑interested funder on the basis of its funding agreement and ability to control/benefit from the litigation; no personal costs order against the joint and several liquidators because their conduct did not demonstrate impropriety or hopelessness and the Bank failed to protect itself by promptly seeking security for costs; accordingly it is not just to make JSL personally liable.