Judgment
In re Consistent Return Ltd (in voluntary liquidation) - Reasons
FSD 0066/2012 (AJJ) · 2012-05-18
s.131(b) Companies Law; voluntary liquidation of solvent fund; whether supervision would facilitate a more effective economic or expeditious liquidation; adequacy of evidence supporting supervision; classification of claims including related‑party receivable and German insolvency recoveries; treatment of disputed creditor claims; whether CWR O.16 and O.18 applicable to solvent liquidations; proper approach to rejecting creditor claims and giving notice; whether Court involvement increases cost without benefit; inherent jurisdiction to dismiss supervision petition Court: CIGC (Civ)
Full metadata
| Cause Number | FSD 0066/2012 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | In re Consistent Return Ltd (in voluntary liquidation) - Reasons |
| Judgment Date | 2012-05-18 |
| Subject | s.131(b) Companies Law; voluntary liquidation of solvent fund; whether supervision would facilitate a more effective economic or expeditious liquidation; adequacy of evidence supporting supervision; classification of claims including related‑party receivable and German insolvency recoveries; treatment of disputed creditor claims; whether CWR O.16 and O.18 applicable to solvent liquidations; proper approach to rejecting creditor claims and giving notice; whether Court involvement increases cost without benefit; inherent jurisdiction to dismiss supervision petition Court: CIGC (Civ) |
| Filename (current) | 12-05-18-Consistent-Return-Ltd-in-voluntary-liquidation-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 126, 131(b) | 3 |
| Mutual Funds Act | — | 1 |