Re Bank of Hindustan, China and Japan. ex parte Levick and Others

JurisdictionEngland & Wales
Year1865
Date1865
CourtEquity
[EQUITY]In reBANK OF HINDUSTAN, CHINA, AND JAPAN.Ex parteLEVICK AND OTHERS.1867 Nov. 21.SIR JOHN STUART, V.C.

Actions by Voluntary Liquidators - Execution by Defendant for Costs - Companies Act, 1862, ss. 87, 163.

Where an action brought by liquidators appointed in a voluntary winding-up under supervision fails, execution by the Defendant for costs will not be restrained.

The 163rd section of the Companies Act, 1862, is qualified by the 87th.

THE Bank of Hindustan, China, and Japan, Limited, being in voluntary liquidation, an order was made on the 21st of December, 1866, for continuing the winding-up under supervision. In February, 1867, actions were brought by the liquidators against Messrs. Levick and five other persons, which failed. On the 14th of August, 1867, judgments were entered up against the bank for the costs of the defence in the actions; and on the following day executions were issued. On the 16th of August, 1867, an injunction was granted by Vice-Chancellor Malins, restraining the Sheriffs of London and the Defendants in the actions from selling under the execution, and this was a motion that the injunction might be dissolved.

Mr. Dickinson, Q.C., and Mr. Eddis, for the motion:—

The only question is, whether these persons had a right to issue executions? The 163rd section of the Companies Act, 1862, which enacts, that where any company is being wound up by this Court, or subject to the supervision of the Court, “any attachment, sequestration, distress, or execution put in force against the estate or effects of the company after the commencement of the winding-up shall be void to all intents,” does not apply to this case. This being a voluntary winding-up under supervision, the liquidators brought...

Get this document and AI-powered insights with a free trial of vLex and Vincent AI

Get Started for Free

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex
7 cases
  • Comhlucht Páipéar Ríomhaireachta Teo. (in Voluntary Liquidation) v Údarás na Gaeltachta, G.T. Carpets Ltd (in Voluntary Liquidation) and Vincent Duignan
    • Ireland
    • Supreme Court
    • 1 January 1990
    ...684. Eddison v. A.I.B. (Unreported, High Court, Costello J., 24th July, 1985). In re Bank of Hindustan, China & Japan Ex p. Levick (1867) L.R. 5 Eq. 69; 17 L.T. 237; 16 W.R. 102. In re Daly & Co. (1886) 19 L.R. Ir. 83. In re Dominion of Canada Plumbago Co. (1884) 27 Ch. D. 33; 53 L.J. Ch. 7......
  • Milne, NO v Cassim and Another
    • South Africa
    • Durban and Coast Local Division
    • 18 December 1961
    ...me to any South African case on the point, but I was referred to several English cases, namely: In re Bank of Hindustan, China and Japan (1867) 5 Eq. 69; In re Dominion of Canada Plumbage Co., 27 Ch. D. 33; In re Trent and Humber Shipbuilding Co., 1869 Eq. 94; In re Pacific Burne AJ Syndica......
  • Milne, NO v Cassim and Another
    • South Africa
    • Invalid date
    ...me to any South African case on the point, but I was referred to several English cases, namely: In re Bank of Hindustan, China and Japan (1867) 5 Eq. 69; In re Dominion of Canada Plumbage Co., 27 Ch. D. 33; In re Trent and Humber Shipbuilding Co., 1869 Eq. 94; In re Pacific Coast 1962 (1) S......
  • Parity Insurance Co Ltd (In Liquidation) v Hill and Another
    • South Africa
    • Invalid date
    ...me to a South African case on the point, but I was referred to several English cases, viz., In re Bank of Hindustan, China and Japan, (1867) 5 Eq. 69; In re Dominion of H Canada Plumbage Co., 27 Ch.D. 33; In re Trent & Humber Shipbuilding Co., 186 Eq. 94; In re Pacific Coast Syndicate Ltd.,......
  • Get Started for Free