UBS AG v Rose Capital Ventures Ltd and others

Pleading – Striking out. There was no basis upon which the defendants should be given an opportunity to amend their defence to the claimant's application for possession and payment of the sum due under a loan, other than by substituting 'the first defendant' for 'the defendants' on one issue. The Chancery Division, further held that defendants' case that formed the relevant issues was bound to fail and it was appropriate to strike out the relevant paragraphs of the defence.

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