Source: All England Reporter
Publisher Citation: [2005] All ER (D) 262 (May)
Court: Chancery Division
Judge:

George Bompas QC sitting as a deputy judge of the High Court

Representation Hugo Groves (instructed by Howes Percival) for the applicant.
  Fionn Pilbrow (instructed by Ford Little, Sittingbourne) for the first respondent.
Judgment Dates: 18 May 2005

Catchwords

Companies - Insolvency - Winding up - Transaction at undervalue - Remedy of liquidator - Linked transactions - Consideration of relevant evidence.

The Case

On the evidence, the court was satisfied that the transfer of the property had been at an undervalue and, accordingly, the court would make orders under ss238 and 423 of the for the restoration of the property to the company's liquidators.

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