A third party wanting affidavits to be sworn in director disqualification proceedings must apply on notice. Citations: Times 25-Apr-1997 Statutes: Companies Act 1985 432(2) Jurisdiction: England and Wales Litigation Practice Updated: 15 May 2022; Ref: scu.78605
Witness to Department of Trade and Industry on Company affairs to be given notice before evidence released. Citations: Times 05-Jul-1996 Statutes: Companies Act 1985 432, Insolvency Act 1986 236 Jurisdiction: England and Wales Company Updated: 28 April 2022; Ref: scu.89388
Auditors who were in a position to advise a company’s directors as to the legality of them making loan payments to a shell company which was acquiring there shares had a duty so to advise. The directors of a company sued them for failing to warn them that a loan made by the company might … Continue reading Coulthard, Ashton Shuttleworth, and Dawes v Neville Russell (a Firm): CA 27 Nov 1997
The Court was asked as to an assignment to a creditor of all rights to and choses in action relating to or in any way arising out of or in connection with an action against a secured creditor. The rights purportedly assigned included the right to assert that certain dispositions of the company’s property after … Continue reading In re Ayala Holdings Ltd (No 2): ChD 1996
Citations: [2006] EWCA Civ 432 Links: Bailii Statutes: Companies Act 1985 425 Jurisdiction: England and Wales Company Updated: 06 July 2022; Ref: scu.241397
