Ayala Holdings Ltd, Re (No 2)
Jurisdiction | England & Wales |
Year | 1996 |
Date | 1996 |
Court | Chancery Division |
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14 cases
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The Companies Law (2013 Revision) the Sphinx Group of Companies in Official Liquidation)
...and liberties conferred upon liquidators as such, as officers of the Court, acting under the Court's supervision or direction. 123 In Ayala Holdings (No. 2) [1996] 1 BCLC 467, Knox J. said (at 480i – 481b) that for such powers to be unilaterally assignable, would not have been in contemplat......
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Ruttle Plant Ltd v Secretary of State for Environment Food and Rural Affairs
...the first aspect, concerning the assignment of rights of a liquidator under statute, reliance was placed on the judgment of Knox J in Re Ayala Holdings Ltd [1996] 1 BCLC 467. He referred at 483 B to: “… the fundamental distinction between assets of a company and rights conferred upon a liqu......
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Rattle Plant Hire Ltd v Secretary of State for the Environment Food and Rural Affairs (No. 2)
... ... 23 I have been referred to Cambridge Gas Transportation Corpn v. Official Committee of Unsecured Creditors of Navigator Holdings plc [2006] 3 WLR 689 where on an appeal from the Isle of Man, Lord Hoffmann giving the advice of the Privy Council said at paras 14 and 20 “In ... ...
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Manolete Partners Plc v Hayward and Barrett Holdings Ltd
...sold) and the rights conferred by statute upon a liquidator in relation to the conduct of the liquidation: Re Ayala Holdings Ltd (No 2) [1996] 1 BCLC 467, 480. The Applicant cannot take an assignment of the office. The Applicant is not a creditor or 31 There is no argument that section 212 ......
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1 firm's commentaries
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Cross Border Comity In The Cayman Islands: The Picard V Primeo Decision
...1 April 2010) and the line of English authorities including Re MC Bacon Ltd (No 2) [1991] Ch 127 and Re Ayala Holdings Ltd (No 2) [1996] 1 BCLC 467. 6 [2012] UKSC 7 [2007] 1 AC 508. 8 [2013] CA (BDA) 7 CIV. The Privy Council heard the appeal in April 2014 and has reserved its decision. 9 [2......
2 books & journal articles
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Table of Cases
...56 (Oct) 14 Atkinson v Corcoran [2011] EWHC 3484 (Ch) 351 Ayala Holdings Ltd, Re [1993] BCLC 256, ChD 378 Ayala Holdings Ltd (No 2), Re [1996] 1 BCLC 467, ChD 305 Banque Arabe Internationale d’Investissement SA v Morris [2002] BCC 407, [2001] 1 BCLC 263, (2000) 97(42) LSG 43, ChD 351, 352, ......
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Application for a declaration that a transaction is invalidated by virtue of section 127 of the insolvency act 1986
...Insolvency Act 1986. 6 It would appear that the liquidator cannot assign the right to bring proceedings: Re Ayala Holdings Ltd (No 2) [1996] 1 BCLC 467. It is plainly arguable that interested parties, if they can show an interest, have the right to seek declaratory relief that a transaction......