PETER AMARAT RAMA, BHIKHA RAMA v LIMITED & ORS [2002] NZCA 272 (16 September 2002)

IN THE court of appeal of new zealand

ca253/01

	between	PETER AMARAT RAMA, bHIKHA RAMA AND FORTIFIED INVESTMENTS LIMITED
		Applicants

	AND	GERALD GEORGE MCKAY AND RICHARD HENRY HILL
		Respondents

Hearing:	16 September 2002
Coram:	Gault P Blanchard J Glazebrook J
Appearances:	P W Michalik for Applicants J C Corry for Respondents
Judgment:	16 September 2002

judgment of the court

[1] By consent there will be an order for conditional leave to appeal to Her Majesty in Council on the standard conditions as moved, save that the three month period for complying is to run from 19 August 2002.

[2] After hearing counsel we are not persuaded that grounds have been made out to justify an order for stay of execution of the judgment pending appeal.If the judgment is to be executed, the appellants in this Court shall give good and sufficient security to the satisfaction of the Registrar, for the due performance of such order as the Privy Council shall think fit to make.

[3] Costs to Mr Corry's clients of $500.

Solicitors

McElroys, Auckland, for Applicants

Sladden Cochrane & Co, Wellington, for Respondents