Re Ciro Citterio Menswear Plc ((in Administration)), Ciro Citterio Menswear Plc and Others v Thakrar and Others

JurisdictionEngland & Wales
Judgment Date02 April 2002
Neutral Citation[2002] EWHC 662 (Ch),[2002] EWHC 293 (Ch)
Date02 April 2002
CourtChancery Division
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6 cases
  • R (SRM Global Master Fund LP) v Commissioners of HM Treasury
    • United Kingdom
    • Queen's Bench Division (Administrative Court)
    • 13 February 2009
    ...commonly referred to as insolvency on a balance sheet basis, or balance sheet insolvency, as in Ciro Citterio Menswear plc v Thakrar [2002] EWHC 662 (Ch), [2002] 1 WLR 2217 at [45], Re Cheyne Finance plc (in receivership) (No 1) [2007] EWHC 2116 (Ch), [2008] BCLC 732 and Re Sigma Finance C......
  • Creanovate Pte Ltd and Another v Firstlink Energy Pte Ltd and Another Appeal
    • Singapore
    • Court of Appeal (Singapore)
    • 24 September 2007
    ...162 and 163 of the Act may not be informal (see, for example, the English High Court decision of Ciro Citterio Menswear plc v Thakrar [2002] 1 WLR 2217), but it would still have to be a loan in the conventional sense. Hence, a loan in this context would clearly exclude what is, in effect, d......
  • Baker v Potter and Another
    • United Kingdom
    • Chancery Division
    • 17 June 2004
    ...still have been a misapplication of the company's funds. These considerations distinguish this case from Re Ciro Citterio Menswear plc [2002] 1 BCLC 672 and in my judgment Mr Potter held the sum of £40,000 as a constructive trustee for the company. 110 The payments by Mr and Mrs Dennis tota......
  • Creanovate Pte Ltd and Another v Firstlink Energy Pte Ltd and Another Appeal
    • Singapore
    • Court of Three Judges (Singapore)
    • 24 September 2007
    ...162 and 163 of the Act may not be informal (see, for example, the English High Court decision of Ciro Citterio Menswear plc v Thakrar [2002] 1 WLR 2217), but it would still have to be a loan in the conventional sense. Hence, a loan in this context would clearly exclude what is, in effect, d......
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