Source: All England Reporter
Publisher Citation: [2002] All ER (D) 406 (Oct)
Court: Chancery Division
Judge:

Ferris J

Representation James Bailey (instructed by BP Collins, Gerrards Cross) for the petitioner.
  The company appeared by its representative.
Judgment Dates: 28 October 2002

Catchwords

Companies - Winding up - Petition - Form of winding up order.

The Case

The petitioning creditor's application for compulsory winding up of the company was granted on the ground that the wishes of the creditors, which was the primary consideration in such cases, favoured a compulsory winding up, in order that the company could be put in the hands of the official receiver, and to prevent the assets of the company from further dissipation.

Practice Areas

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