Re Overmark Smith Warden Ltd: ChD 1982
An ordinary creditor’s cause of action for non-payment of a contract debt is barred after the expiration of 6 years from the date of the accrual of his cause of action. He is then no longer a creditor of the company and is neither entitled to present a winding up petition nor to prove for … Continue reading Re Overmark Smith Warden Ltd: ChD 1982