Judgment
In the matter of Safeguard Security Services Ltd - Judgment
[2025] CIGC (FSD) 96
· FSD 0175/2016 (CRJ)
Costs of contributory’s winding-up petition; application of CWR O.24 r.8(2)(b) for inter partes petitions; determination of successful party where winding up achieved via special resolution; relevance of just‑and‑equitable grounds conceded by majority member; whether Petitioner entitled to costs notwithstanding alternate statutory route; fairness of denying costs given chronology and TSCL’s late concession; allocation of costs for hearing itself between two members. Insolvency; Company Law; Civil Procedure; Costs
Full metadata
| Neutral Citation | [2025] CIGC (FSD) 96 |
|---|---|
| Cause Number | FSD 0175/2016 (CRJ) |
| Court | CIGC (FSD) |
| Judge | Richards J |
| Parties | In the matter of Safeguard Security Services Ltd - Judgment |
| Subject | Costs of contributory’s winding-up petition; application of CWR O.24 r.8(2)(b) for inter partes petitions; determination of successful party where winding up achieved via special resolution; relevance of just‑and‑equitable grounds conceded by majority member; whether Petitioner entitled to costs notwithstanding alternate statutory route; fairness of denying costs given chronology and TSCL’s late concession; allocation of costs for hearing itself between two members. Insolvency; Company Law; Civil Procedure; Costs |
| Filename (current) | FSD0175201602052026SAFEGUARDSECURITY.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 92 (a), 92 (e), 95 (a), 95 (e) | 7 |
| Companies Winding Up Rules (subordinate) | — | 2 |
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