Yandilla Mustard Oil Enterprise Pty Limited (ACN 003 880 260) v Palos Verdes International Pty Limited (ACN 079 960 704) [2005] FCA 1769

FEDERAL COURT OF AUSTRALIA

Yandilla Mustard Oil Enterprise Pty Limited (ACN 003 880 260) v Palos Verdes International Pty Limited (ACN 079 960 704) [2005] FCA 1769

PRACTICE AND PROCEDURE – application for security for costs – security ordered Corporations Act 2001 (Cth), s 1335 Federal Court of Australia Act 1976 (Cth), s 56

YANDILLA MUSTARD OIL ENTERPRISE PTY LIMITED (ACN 003 880 260) v PALOS VERDES INTERNATIONAL PTY LIMITED (ACN 079 960 704), PETER IAN MURDOCH FERGUSON AND BARBARA FRANCES FERGUSON

NSD 2 OF 2005

GYLES J

11 NOVEMBER 2005

SYDNEY

IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY NSD 2 OF 2005

BETWEEN: YANDILLA MUSTARD OIL ENTERPRISE PTY LIMITED (ACN 003 880 260)

APPLICANT

AND: PALOS VERDES INTERNATIONAL PTY LIMITED (ACN 079 960 704)

FIRST RESPONDENT

PETER IAN MURDOCH FERGUSON

SECOND RESPONDENT

BARBARA FRANCES FERGUSON

THIRD RESPONDENT

JUDGE: GYLES J

DATE OF ORDER: 11 NOVEMBER 2005

WHERE MADE: SYDNEY

THE COURT ORDERS THAT: 1. The applicant in the proceeding provide within 28 days security for the respondents' costs of the proceeding in the sum of $50,000 deposited in an interest bearing account in such manner as is approved by the Registrar.

2. Costs of the application are the respondents' costs in the cause.

Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.

IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY NSD 2 OF 2005

BETWEEN: YANDILLA MUSTARD OIL ENTERPRISE PTY LIMITED (ACN 003 880 260)

APPLICANT

AND: PALOS VERDES INTERNATIONAL PTY LIMITED (ACN 079 960 704)

FIRST RESPONDENT

PETER IAN MURDOCH FERGUSON

SECOND RESPONDENT

BARBARA FRANCES FERGUSON