Shierson and Another v Rastogi and Another: CA 9 Nov 2002

Company directors in an insolvent liquidation faced proceedings by the liquidators. They resisted providing additional evidence under examination by the liquidators.
Held: The sections under the 1986 Act should be read together. Where a director faced serious charges, requiring him to provide evidence against himself would be oppressive. The existence of such proceedings must be a major factor in deciding whether to order examination, and so also was the fact that they were directors. Even so, it was a balancing exercise for each case.

Judges:

Peter Gibson, Mance, Hale LJJ

Citations:

Times 20-Nov-2002, Gazette 16-Jan-2003, [2002] EWCA Civ 1624

Links:

Bailii

Statutes:

Insolvency Act 1986 235 236

Jurisdiction:

England and Wales

Company, Insolvency

Updated: 06 June 2022; Ref: scu.178246