Search Results for: Companies Act 1985 695

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Lakah Group and Another v al-Jazeera Satellite Channel and Another: QBD 26 Mar 2003

The defendant sought an order that the defamation proceedings had been invalidly served. Held: The Rule introduced an additional code and alternative method of service, but not a comprehensive code. Establishing a place of business under section 695 connoted a greater degree of permanence than was required under the rules. However the rules still required … Continue reading Lakah Group and Another v al-Jazeera Satellite Channel and Another: QBD 26 Mar 2003

Rakusens Ltd v Baser Ambalaj Plastik Sanayi Ticaret AS: CA 11 Oct 2001

A company had sought and obtained leave to serve proceedings on a foreign based company, by serving documents on a local agent. The local agent was an independent contractor, who received and transmitted orders to the company, but who, themselves, had no authority to bind the company in contract. Held: The section allowed service at … Continue reading Rakusens Ltd v Baser Ambalaj Plastik Sanayi Ticaret AS: CA 11 Oct 2001

(Unnamed) Service On Overseas Company: CA 24 Mar 1993

Service on an overseas company must accord with RSC 10(1)(7) and 65(3)(1) and Companies Act 1985 s695. Where an overseas company had an office in the UK, the writ had to be served within the UK, but not on the company at its offices, but rather on the person nominated to the registrar of companies … Continue reading (Unnamed) Service On Overseas Company: CA 24 Mar 1993

Micro Leisure Limited v County Properties and Developments Limited and Another: OHCS 15 Oct 1999

When the court looked at the acquisition of property from a company by a director or a person connected with that director, and had to assess the objective value of the property acquired, the court had to look at the value as judged to the person acquiring the property rather than the market value. Judges: … Continue reading Micro Leisure Limited v County Properties and Developments Limited and Another: OHCS 15 Oct 1999

Bank of Credit and Commerce International (Overseas) Ltd and Another v Akindele: ChD 1999

Chief Akindele agreed in 1985 with ICIC Overseas to invest US$10m in the purchase of 250,000 shares of BCCI Holdings, and to hold the shares for two years. If he wanted to sell the shares after the expiry of two years and up to five years from the date of the agreement, ICIC Overseas undertook … Continue reading Bank of Credit and Commerce International (Overseas) Ltd and Another v Akindele: ChD 1999