Two of the company’s contributories asked be added to the list for the purpose of obtaining a 7 day adjournment of the hearing of the petition so as to give them time to consider whether they wished to ask for substitution.
Held: An ordinary individual or company cannot be substituted as petitioner on a Secretary of State’s petition under the section.
Judges:
Harman J
Citations:
[1992] BCLC 376
Statutes:
Jurisdiction:
England and Wales
Cited by:
Cited – Rodencroft Limited, W. G. Birch Developments Limited, H-M Birch Limited; Simon Allso v The Secretary for State for Trade and Industry ChD 23-Apr-2004
The Secretary of state sought the winding up of the companies saying it was expedient in the public interest to do so. A shareholder opposed this saying that the companies were solvent.
Held: The shareholder had, in the absence of any position . .
Lists of cited by and citing cases may be incomplete.
Company, Insolvency
Updated: 06 May 2022; Ref: scu.197021