A voluntary winding up is deemed to take place when the resolution for it was passed. The practice of passing such a resolution to take effect only upon the revocation of an administration order was ineffective. The correct way was for an order regarding the administration to be made but held pending notification of the passing of the resolution by the company.
Judges:
Arden J
Citations:
Times 11-Nov-1999
Statutes:
Jurisdiction:
England and Wales
Insolvency, Company
Updated: 25 July 2022; Ref: scu.82073