n Without Prejudice - Thwarted by security considerations : litigation
|Article Title||Thwarted by security considerations : litigation|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jun 2008|
|Pages||54 - 55|
An award for security for costs is one aimed at balancing the possible prejudice a litigant may suffer when action is instituted against it by a plaintiff company that may be unable to pay costs awarded against it. s13 of the Companies Act, 61 of 1973 makes provision for an award for security for costs as follows:
Article metrics loading...