The company sought to have struck out as an abuse an application to have it would up on the just and equitable ground. The status of the authority as creditor was disputed. Held: A petition was properly presented only if the petioner bona fide pursued some interest arising from the issue which gave him standing … Continue reading In re Millenium Advanced Technology Ltd: ChD 2 Apr 2004
Stephen Jourdan QC DHCJ [2013] EWHC 3806 (Ch) Bailii Insolvency Act 1986 122(1)(g) England and Wales Insolvency, Company Updated: 26 November 2021; Ref: scu.518945
Having authorised an enquiry under section 447, the Secretary of State presented a winding-up petition of the respondent, an authorised dealer in securities. The company had been obliged to cease trade by its regulatory body. The judge held that the public interest did not require the company to be wound up as it had ceased … Continue reading Re Walter L Jacob Ltd: CA 1989
