In Re T and D Industries Plc and Another: ChD 23 Nov 1999

An administrator appointed under the Act was free to dispose of a company’s assets without first making an application to court for permission, and without first obtaining approval of his proposal from the creditors. The administrator’s role would require difficult and sometimes urgent decisions.

Judges:

Neuberger J

Citations:

Times 23-Nov-1999, Gazette 01-Dec-1999

Statutes:

Insolvency Act 1986 8(3)

Jurisdiction:

England and Wales

Insolvency, Company

Updated: 08 April 2022; Ref: scu.82217