Ingot v Macquarie [2003] NSWSC 1102

New South Wales Supreme Court

CITATION : Ingot v Macquarie [2003] NSWSC 1102 revised - 3/12/2003 HEARING DATE(S) : 7 & 8 October and 7 November 2003 JUDGMENT DATE : 28 November 2003

JUDGMENT OF : McDougall J at 1 DECISION : See paras [36] and [37] of judgment

CATCHWORDS : COSTS - of application for leave to further amend summons, and, of and thrown away by the amendments - circumstances which give rise to the discretion to order indemnity costs - whether the discretion is enlivened in the present case - significance of delay, and lack of explanation for delay, in seeking amendments Ingot Capital Investments & Ors v Macquarie Equity Capital Markets & Ors [2003] NSW SC 1012 Colgate-Palmolive Company v Cussons Pty Ltd (1993) 46 FCR 225, 233-234 CASES CITED : Oshlack v Richmond River Council (1998) 193 CLR 72, 89 Rosniak v Government Insurance Office (1997) 41 NSWLR 608 Optus Vision Pty Ltd v Commissioner of Taxation [2000] FCA 332 Sydney Markets Ltd v Sydney Flower Market Pty Ltd [2001] FCA 662 Ingot Capital Investments Pty Ltd AOIT Ltd ASC Pty Ltd Australian Opportunities Investment Trust PLC Eastern States Securities Ltd and Ingot Capital Management Pty Ltd v Macquarie Equity Capital Markets Ltd Macquarie Equities Ltd Macquarie Bank Ltd PARTIES : Udayan Daniel Ghose Jonathan Paul Beach Azmin Firoz Daya Craig Deery Michael J Morrisey William Peck Paul Laurence Williams Peter Aroney John Trowbridge Consulting Pty Ltd Patrick Murray and the persons listed in Schedule "B" to the summons Andrew Mutton and the persons in NSW listed in Schedule "A" to the further amended summons and New Cap Reinsurance Corporation Holdings Ltd (in Liq) (Cross Defendant) FILE NUMBER(S) : SC 50169/01 F M Douglas QC/B Katekar (Plaintiffs) A S Bell (Defendants 1-3) P M Wood (Defendant 4) I Pike/N Har (Defendants 5, 7 and 8) A McLennan (Defendant 6) COUNSEL : R Taylor (Defendant 9) W Jacobs (Defendant 10) L F Harris (Defendant 11) S A Goodman (Defendant 12) P J Brereton (Defendant 13) J T Gleeson SC/R A Dick (Defendant 14) Deacons (Plaintiffs) Mallesons Stephen Jaques (Defendants 1-3) Atanaskovic Hartnell (Defendant 4) Colin Biggers & Paisley (Defendants 5, 7 and 8) Sparke Helmore (Defendant 6) SOLICITORS : Gilbert Tobin (Defendant 9) Dibbs Barker Gosling (Defendant 10) M D Nicolaidis (Defendant 11) Minter Ellison (Defendant 12) Blake Dawson Waldron (Defendant 13) Freehills (Defendant 14)