Re N.F.U. Development Trust Ltd

JurisdictionEngland & Wales
Judgment Date1972
Date1972
CourtChancery Division
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77 cases
  • Bluebrook Ltd
    • United Kingdom
    • Chancery Division
    • 11 August 2009
    ...up everything and gets nothing in return then there is no compromise or arrangement. In support of this proposition he relied on In re NFU Development Trust [1972] 1 WLR 1548. In that case the scheme provided that all existing members of a company apart from 5 gave up all rights in respect ......
  • Astrata (Singapore) Pte Ltd v Portcullis Escrow Pte Ltd and another and other matters
    • Singapore
    • Court of Appeal (Singapore)
    • 29 April 2011
    ...as the other party or parties conducted themselves in the way contemplated by the arrangement. In In re N.F.U. Development Trust Ltd [1972] 1 WLR 1548 (“Re NFU”), the company petitioned the court to sanction a scheme of arrangement under s 206(2) of the Companies Act 1948 (“the UK Companies......
  • Commissioners of Inland Revenue v Adam & Partners Ltd
    • United Kingdom
    • Court of Appeal (Civil Division)
    • Invalid date
  • Sri Hartamas Development Sdn Bhd v MBF Finance Berhad
    • Malaysia
    • High Court (Malaysia)
    • 1 January 1990
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2 firm's commentaries
  • Members' schemes of arrangement - overview of the court approval process
    • Australia
    • Mondaq Australia
    • 19 April 2013
    ...ACSR 540. 9 F TEastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR69 at 72. 10 Re NFU Development Trust Ltd [1972] 1 WLR 1548; Re Sonodyne International Ltd (1994) 15 ACSR 494. 11 Re: Permanent Trustee Company Limited [2002] NSWSC 1177, 43 ACSR 601 at paragraph [......
  • The Flawed Headcount Requirement on Schemes of Arrangement
    • United Kingdom
    • JD Supra United Kingdom
    • 30 September 2014
    ...or arrangement with its members or creditors (or any class of them). 5 Re TDG plc [2008] EWHC 2334 6 Re NFU Development Trust Ltd [1973] 1 All ER 135 7 ANZ Executors and Trustees Ltd and another v Humes Ltd and another [1990] VR 615 at 8 Rule 2.10 of the Hong Kong Takeover Code also require......
6 books & journal articles
  • Table of Cases
    • United Kingdom
    • Wildy Simmonds & Hill Law of Insolvent Partnerships and Limited Liability Partnerships Contents
    • 29 August 2015
    ...[1912] 1 Ch 468 251 Newhart Developments Ltd v Co-operative Commercial Bank Ltd [1978] QB 814 211, 212 NFU Development Trust Ltd, Re [1972] 1 WLR 1548, [1973] 1 All ER 135 25 Nine Miles Down UK Ltd, Singla v Hedman (No 1) [2009] EWHC 3510 (Ch), [2010] BCC 674 550 NS Distribution Ltd, Re [19......
  • Schemes of arrangement
    • United Kingdom
    • Wildy Simmonds & Hill Law of Insolvent Partnerships and Limited Liability Partnerships Contents
    • 29 August 2015
    ...[2001] EWCA Civ 241, [2001] 2 BCLC 480, para 12. 15 Re Guardian Assurance Co [1917] 1 Ch 431 at 443. 16 Re NFU Development Trust Ltd [1972] 1 WLR 1548, [1973] 1 All ER 135. 17 CA 2006, s 895(2). 18 Re Uniq plc [2011] EWHC 749 (Ch). 19 Re Savoy Hotel Ltd [1981] Ch 351 at 359; Re NFU Developm......
  • Table of Cases
    • United Kingdom
    • Wildy Simmonds & Hill Offshore Commercial Law in Bermuda - 2nd Edition Preliminary Sections
    • 30 August 2018
    ...22.54–22.55 New York Life Insurance Co v Public Trustee [1924] 2 Ch 101, 93 LJ Ch 449, 131 LT 438 22.67 NFU Development Trust Ltd, Re [1972] 1 WLR 1548, [1973] 1 All ER 135, 116 SJ 679 10.8 Norske Atlas Insurance Co Ltd v London General Insurance Co Ltd (1927) 43 TLR 541, 28 Lloyd’s Rep 104......
  • Arrangements, Amalgamations, Mergers and Re-domestications
    • United Kingdom
    • Wildy Simmonds & Hill Offshore Commercial Law in Bermuda - 2nd Edition Part II. Establishing offshore vehicles
    • 30 August 2018
    ...upon the application of the company, or of any creditor or member of the company. 1 Per Brightman J in Re NFU Development Trust Ltd [1973] 1 All ER 135. 2 Kempe and another (as Joint Liquidators of Mentor Insurance Ltd) v Ambassador Insurance Co (in liquidation) [1998] 1 WLR 271. 218 Offsho......
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