A company asserting that it had a defence to a debt upon which an application for winding up was founded, could not succeed simply by filing an affidavit saying it would defend. The court should assess prospects in same was as it would on an application for summary judgment.
Citations:
Times 03-Dec-1998
Jurisdiction:
England and Wales
Insolvency
Updated: 10 May 2022; Ref: scu.83155
