RULING
There are two summonses before me, made in this pending appeal, One by the successful plaintiff, L.Z. Engineering Construction Limited, asking for an order for security of the Y plaintiff's costs in this appeal against the appellant Trade Bank Limited (in liquidation) and also for security for the payment of costs already awarded to it in the superior court on a higher scale with a certificate for two advocates on the claim and the counterclaim and another by the second defendant Yaya Towers Ltd asking for similar orders for costs awarded and of this appeal. The summonses raise two Issues The first issue is a matter of general importance On what principle should security for costs be awarded? The second issue is that once It is decided that security should be awarded, on what principle should the amount of that security be determined?
Each of these summonses has five affidavits: two in support and three in opposition to the summonses. By consent of the counsel, all the affidavits…