Judgment
In the matter of Heral Fund SPC between Michael Pearson (as Liquidator of Herald Fund SPC) v Primeo Fund (In Liquidation) - Judgment
[2016] CICA No. 17
· Civ App 0017/2015 · 2016-07-19
Interpretation of s.37(7)(a) Companies Law; Redemption of shares prior to liquidation; Creditor status of unpaid redeemed shareholders; Ranking of claims in liquidation
Full metadata
| Neutral Citation | [2016] CICA No. 17 |
|---|---|
| Cause Number | Civ App 0017/2015 |
| Court | CICA (Civ) |
| Judge | Field JA, Martin JA, Morrison JA |
| Parties | In the matter of Heral Fund SPC between Michael Pearson (as Liquidator of Herald Fund SPC) v Primeo Fund (In Liquidation) - Judgment |
| Judgment Date | 2016-07-19 |
| Subject | Interpretation of s.37(7)(a) Companies Law; Redemption of shares prior to liquidation; Creditor status of unpaid redeemed shareholders; Ranking of claims in liquidation |
| Filename (current) | 16-07-19_pearson_v_primeo_fund_in_liquidation.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 112 (1), 139 (1), 140 (1), 37, 37 (7) (a), 49 (g), 99 | 20 |
| Companies Winding Up Rules (subordinate) | 3 | 1 |
| Mutual Funds Act | — | 1 |
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