A prerequisite to making an administration order under section 8(1) is that the court considers making such an order ‘would be likely to achieve’ one of the statutory purposes.
Held: This required the court to be satisfied there is a ‘prospect sufficiently likely in the light of all the other circumstances of the case to justify making the order’.
Judges:
Vinelott J
Citations:
[1989] BCLC 734
Statutes:
Jurisdiction:
England and Wales
Cited by:
Cited – Cream Holdings Limited and others v Banerjee and others HL 14-Oct-2004
On her dismissal from the claimant company, Ms Banerjee took confidential papers revealing misconduct to the local newspaper, which published some. The claimant sought an injunction to prevent any further publication. The defendants argued that the . .
Cited – Regina v Guildhall Magistrates’ Court, ex parte Primlaks Holdings Co. (Panama) Inc 1990
The exercise of a power of search is a draconian power. . .
Lists of cited by and citing cases may be incomplete.
Litigation Practice, Insolvency
Updated: 30 April 2022; Ref: scu.216440