Micro Leisure Limited v County Properties and Developments Limited and Another: OHCS 15 Oct 1999

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:

Bailii

Statutes:

Companies Act 1985 320(2)

Jurisdiction:

Scotland

Company

Updated: 05 June 2022; Ref: scu.169511