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Whitmore v Turquand: 21 Dec 1860

Where a composition deed is executed in favour of all creditors who shall accede within a stipulated time, creditors who neither assent nor dissent within the time are not necessarily excluded from all benefit of the deed; and, under the circumstances of the case, creditors who had delayed their accession to a composition deed for several years after the limited time.
Held: entitled to participate in the benefits thereof.

Citations:

[1860] EngR 1304, (1860) 1 J and H 444, (1860) 70 ER 821

Links:

Commonlii

Jurisdiction:

England and Wales

Insolvency

Updated: 07 August 2022; Ref: scu.286143

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