Trusted by the judiciary, government lawyers, prosecutors, and many leading counsel. Click here to request a subscription.
Trusted by the judiciary, government lawyers, prosecutors, and many leading counsel.
Click here to request a subscription.
Directors of company in liquidation required to be examined about the affairs of the company
|
or click here to request site subscription to search and view all judgments |
High Court orders that directors of a company in liquidation be required to be examined about the affairs of the company where they have failed to engage with the liquidators.
Company law – liquidation – pharmacy in liquidation – asking the Court to summons certain persons – grounding affidavit - ignored the Court Order requiring them to file statement of affairs - ignored a second Court Order requiring them to deliver up to me the Company’s books and records – zero engagement – concerns about the operation of the company – Statement of Affairs eventually received after application received – more questions than answers – liquidator posed questions - Respondents should be required to be examined about the affairs of the Company - position on this motion taken by the Respondents - restriction of the Respondents from acting as directors, imposed on them in a separate liquidation –
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
