Judgment
Saad Investments Company Ltd (In Official Liquidation) - Reasons
FSD 0015/2010 (ASCJ) · 2019-09-30
Liquidators' proposal to compromise a debt by payment despite competing proprietary claims to all the assets of the company - whether debt crystallized when company, as guarantor, commenced winding up - application by liquidators for sanction of the Court to compromise the debt - basis upon which sanction might be given.
Full metadata
| Cause Number | FSD 0015/2010 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | Saad Investments Company Ltd (In Official Liquidation) - Reasons |
| Judgment Date | 2019-09-30 |
| Subject | Liquidators' proposal to compromise a debt by payment despite competing proprietary claims to all the assets of the company - whether debt crystallized when company, as guarantor, commenced winding up - application by liquidators for sanction of the Court to compromise the debt - basis upon which sanction might be given. |
| Filename (current) | 19-09-30-SAAD-Investment-Co-Ltd-In-Official-Liquidation.pdf |
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