Key Points:

1. Appeal and Motion:

   • The Multanis appealed an order to pay over $25 million in mortgage debts and costs.
   • Dramel Limited sought security for costs.

2. Request for Adjournment:

   • The Multanis requested an adjournment to obtain updated financial information.
   • The request was denied due to prior delays and ample preparation time.

3. Legal Framework:

   • Security for costs governed by Rule 61.06(1) of the Rules of Civil Procedure:
     • Grounds include frivolous appeals, insufficient assets, or other just reasons.

4. Judge’s Findings:

   • The appeal was deemed frivolous and vexatious.
   • The Multanis had admitted the debt in two forbearance agreements.
   • The motion judge found Mr. Multani's credibility lacking, particularly regarding forgery claims.

5. Financial Status:

   • The Multanis likely lacked sufficient assets to cover appeal costs.
   • They failed to pay existing debts, including taxes and previous costs orders.

6. Order:

   • The court ordered the Multanis to post $50,000 in security for costs of the appeal.
   • An additional $147,453.26 for previous cost orders was required within 30 days.
   • The Multanis were barred from further proceedings until security was posted.
   • Costs for the motion were set at $15,000.

Conclusion:

• The court granted Dramel Limited’s motion for security for costs due to the minimal prospect of the Multanis' appeal succeeding and their history of non-payment and procedural delays.