When the court looked at the acquisition of property from a company by a director or a person connected with that director, and had to assess the objective value of the property acquired, the court had to look at the value as judged to the person acquiring the property rather than the market value.
Judges:
Lord Hamilton
Citations:
Times 12-Jan-2000, [1999] ScotCS 240
Links:
Statutes:
Jurisdiction:
Scotland
Company
Updated: 05 June 2022; Ref: scu.169511