A proposed amended statement of claim that is pervasively defective across multiple causes of action — through ambiguity in the contractual basis, failure to plead material facts, inclusion of irrelevant matters, and use of 'and/or' — will be refused leave to file even where some claims are arguable if properly pleaded. On security for costs, current profitable trading, medium-term revenue contracts, substantial assets, and an accountant's opinion of solvency are sufficient to negate an inference of inability to pay drawn from prior-year losses and indebtedness.
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