Baytrust Holdings Ltd v Inland Revenue Commissioners: 1971

Whether a scheme of arrangement constituted a reconstruction for stamp duty purposes.

Citations:

[1971] 3 All ER 76

Citing:

AppliedRe South African Supply and Cold Storage Co 1904
The court had to construe the words ‘reconstruction or amalgamation’ in the memorandum of association of a company: ‘The only question I have to decide is whether, in the case of each of these two companies, there has or has not been a winding-up . .

Cited by:

CitedMytravel Group Plc, Re Companies Act 1985 ChD 24-Nov-2004
The company sought approval of a proposed reconstruction under the section.
Held: Approval could not be given. To count as a reconstruction two principal qualities were required. The business carried on should be the same or similar, and those . .
Lists of cited by and citing cases may be incomplete.

Company, Stamp Duty

Updated: 30 April 2022; Ref: scu.220250