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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

01 MAY 2012

Globespan Airways Ltd v The Registrar of Companies [2012] EWHC 359 (Ch)

(Chancery Division, Briggs J, 24 February 2012)

Para 83(4) of Sch B1 to the Insolvency Act 1986 should be interpreted as requiring registration of a para 83(3) notice (ie that the company may move from administration to CVL) with effect from the day of receipt (ignoring any administrative delay). A notice which omitted to provide the addresses of the proposed liquidators was not defective where the proposed liquidators were already the administrators and their addresses were supplied elsewhere on the notice.

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