278. Application for stop order

(1) The Court of First Instance may make a stop order —
(a) relating to funds in Court, on the application of any person who has a mortgage or charge on the interest of any person in the funds or to whom that interest has been assigned or who is a judgment creditor of the person entitled to that interest; or
(b) relating to securities other than securities held in Court, on the application of any person claiming to be beneficially entitled to an interest in the securities.
(2) An application for a stop order must be made in accordance with the relevant practice direction, and must be served on every person specified in the application in accordance with Part 4 of these Rules..