Inland Revenue Commissioners v Duce and Another: ChD 29 Dec 1998

Deliberate concealment of arrangements for sale of assets at an undervalue to associate justified revocation of a voluntary arrangement, but the court must look at the heinousness of the irregularity before deciding as to future conduct of arrangements.

Citations:

Times 29-Dec-1998

Statutes:

Insolvency Act 1986 262(4)(b)

Jurisdiction:

England and Wales

Insolvency

Updated: 17 June 2022; Ref: scu.82341