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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

14 DEC 2010

Re Metrocab Ltd and Re Frazer Nash Technology Ltd [2010] EWHC 1317 (Ch); [2010] BPIR 1368

Two out of time applications to rescind winding up orders made against two companies were dismissed by Philip Marshall QC (sitting as a deputy High Court Judge). The balance came down against an extension of time when applying the relief from sanctions checklist in CPR Part 3.9. The grounds for rescission had not been made out, and it was not appropriate to restore the companies to a trading position.

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