UNDERTAKING TO PAY DAMAGES IN AN APPLICATION FOR INJUNCTION; ESSENCE AND CONSEQUENCES

...An applicant for an injunction must not only show a willingness to give an undertaking in damages; he should also be able to depose to an affidavit to indicate (a) that he is prepared to give an undertaking in damages; and (b) the means at his disposal, or who would guarantee him to be able to meet such an undertaking. It will be completely worthless to extract an undertaking from a person who is incapable of satisfying that undertakingAn applicant for an injunction must not only show a willingness to give an undertaking in damages; he should also be able to depose to an affidavit to indicate (a) that he is prepared to give an undertaking in damages; and (b) the means at his disposal, or who would guarantee him to be able to meet such an undertaking. It will be completely worthless to extract an undertaking from a person who is incapable of satisfying that undertaking....