GUARDIAN BANK LIMITED
V.
BOOK POINT LIMITED & ANOTHER

RULING OF THE COURT

Introduction

1. We have two applications before us. The first application, being Civil Application No. NAI. 69 of 2017, is dated 30^th March 2017. It was filed on 4^th April 2017 by Guardian Bank Limited and is made under Rule 5(2)(b) of the Rules of this Court. Book Point Limited and Guilders International Bank Limited are named as the respondents in that application. It seeks orders of stay of proceedings in the High Court in HCCC No. 1807 of 2002 pending the hearing and determination of an appeal from a ruling of the High Court (Sergon, J) delivered on 3^rd March 2017.

2. The second application, being Civil Application No. NAI. 72 of 2017, is by Book Point Limited, the beneficiary of a decree issued by the High Court in HCCC No. 1807 of 2002. That application is dated 10^th April 2017 and was filed in Court on 11^th April 2017. Guilders International Bank Limited and Guardian Bank Limited are named as the respondents. The application is made under Rule 84 of the Rules o…