The House considered how to value a company. The possibility that a business might be sold as a going concern for a price equal to the net realisable value of the assets employed was envisaged: ‘If it is proved in a particular case that at the relevant date the business could not have been sold for more than the value of its tangible assets, then that must be taken to be its value as a going concern.’
Judges:
Lord Reid
Citations:
[1952] 2 All ER 775
Cited by:
Cited – Kieth Platt v Colin Platt and Another CA 13-Dec-2000
The applicant appealed an order setting aside transfers to him of shares in a family company, found to have been made after misrepresentation and a breach of fiduciary duty. Three companies owned by the family had fallen into difficulties, and the . .
Lists of cited by and citing cases may be incomplete.
Company, Damages
Updated: 10 May 2022; Ref: scu.229778