9 Mar 1999
KELNICE LTD. v. DRAGON MERIT ENTERPRISES LTD.
- Citation
- KELNICE LTD. v. DRAGON MERIT ENTERPRISES LTD.
- Court
- Court of First Instance
- Case number
- HCMP2788/1998
Given the plaintiff was a nominal $2 company with no demonstrated capital and no sufficient evidence that an order for security would stifle the claim, the court exercised its discretion to require security for costs; the appeal was allowed, the Master's order set aside, and the plaintiff ordered to pay HK$250,000 into court within 14 days or face a stay of proceedings.