11 Nov 2015
MARSHEL EXPORTS LTD (IN LIQUIDATION) v. BANK OF BARODA
- Citation
- MARSHEL EXPORTS LTD (IN LIQUIDATION) v. BANK OF BARODA
- Court
- Court of First Instance
- Case number
- HCCW274/2012
Joinder of GT and JSL for costs purposes granted; costs order made against GT alone because it was a self-interested funder with contractual indemnities and no credible evidence of inability to pay; no personal costs order against the liquidators because the Bank failed to establish impropriety or that it was just to make them personally liable, and because availability of security for costs and public interest in enabling liquidators to perform duties weighed against such an order. Ordered nisi that Bank's costs against GT be paid by GT and that JSL's costs be paid by the Bank; costs to be t…