Judgment
In the Matter of Performance Insurance Company SPC (In Official Liquidation)
FSD 0070 OF 2021 (RPJ) · 2022-Apr-06
Application to appoint additional joint liquidator over liquidation of segregated portfolios-ss 216, 219, 220, 221 and 223 Companies Act (2021 Revision)-ss 105 and 106 of the Act concerning the appointment of additional liquidators-competing interests between solvent and insolvent parts of the Company-conflict of JOL-liquidators ability to pay general liquidation expenses from segregated portfolios-jurisdiction and exercise of discretion.
Full metadata
| Cause Number | FSD 0070 OF 2021 (RPJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2022-Apr-06 |
| Subject | Application to appoint additional joint liquidator over liquidation of segregated portfolios-ss 216, 219, 220, 221 and 223 Companies Act (2021 Revision)-ss 105 and 106 of the Act concerning the appointment of additional liquidators-competing interests between solvent and insolvent parts of the Company-conflict of JOL-liquidators ability to pay general liquidation expenses from segregated portfolios-jurisdiction and exercise of discretion. |
| Category | Financial Services Division |
| Filename (current) | 10BSEN0OZCN41G119FEDA497FFC7E9D319707E26BDBAC011B827.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 216(2), 219(6) and 223(1)(a) | 4 |
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