All your resources at your fingertips.Learn More
The court refused to make an administration order with retrospective effect on the basis that it could not be satisfied on the evidence that the purpose of administration was reasonably likely to be achieved. If it was appropriate to make an administration order, it could only be made with retrospective effect if the conditions for making an administration order were also satisfied at that date.
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...