Re National Bank of Wales Ltd

JurisdictionEngland & Wales
Date1899
Year1899
CourtCourt of Appeal
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37 cases
  • Riches v Westminster Bank
    • United Kingdom
    • House of Lords
    • 21 March 1947
    ...be taxed. I do not repeat the reasoning which I have sought to explain in the earlier part of this judgment. It is true that inIn re National Bank of Wales, Ltd., 1899 2 Ch. 629, Wright J. distinguished damages from interest. The judge held that the debtor should repay 5 per cent. per annu......
  • Commissioners of Inland Revenue v Barnato
    • United Kingdom
    • Court of Appeal
    • Invalid date
    ...in the nature of damages or compensation "and not interest within the meaning of the Income Tax "Acts-see In re National Bank of Wales, [1899] 2 Ch. 629, "per Wright, (11) "We therefore hold that the Appellant is not assessable "to Super-tax in respect of any portion of the said sums and "w......
  • Re City Equitable Fire Insurance Company Ltd (2)
    • United Kingdom
    • Court of Appeal
    • Invalid date
    ... ... a case of constituting a trust fund; it is not like a case where the money is deposited with a bank in joint names, or where a trust fund is constituted with provisions for investment and payment of ... ...
  • Perwira Affin Bank Berhad v Jasatera Berhad
    • Malaysia
    • High Court (Malaysia)
    • 1 January 2010
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1 firm's commentaries
  • ChatGPT ' Generative AI And The Law
    • United Kingdom
    • Mondaq UK
    • 5 June 2023
    ...could pass under the will, as it was treated as part of the business as a whole. 2. In re National Bank of Wales, Limited (No. 2) [1899] 2 Ch 629: In this case, the court considered whether the goodwill of a business could be the subject matter of a bequest, in the context of a dispute over......
4 books & journal articles
  • Models for Reform: The Directors’ Duty of Care in a Modern Commercial
    • South Africa
    • Juta Stellenbosch Law Review No. , August 2019
    • 16 August 2019
    ...2 Ch 10071 1899 2 C h 392 See also O verend & Guerney Co v G ibb 1872 LR HL 480 487-489, 493, 496, 500; Re National Bank of Wales Ltd 1899 2 Ch 629 672; Re Cit y Equitable Fire Insuranc e Co Ltd 1925 Ch 407 427-428; Fisheries D evelopment Cor poration of SA Ltd v Jorge nsen 1980 4 SA 156 (W......
  • Analysis: Lien Held by Company on Members’ Shares
    • South Africa
    • Juta South Africa Mercantile Law Journal No. , May 2019
    • 25 May 2019
    ...Bank ((1871) 6 Ch App 818), followed by Everitt vAutomatic Weighing Machine Co ([1892] 3 Ch 506) and Re NationalBank of Wales Ltd ([1899] 2 Ch 629), that in fact by articles such asthese an equitable charge in the ordinary sense of that expression iscreated in favour of the company.’The eff......
  • Analyses: An Historical Overview of the Director’s Duty of Care and Skill: From the Nineteenth Century to the Companies Bill of 2007
    • South Africa
    • Juta South Africa Mercantile Law Journal No. , May 2019
    • 25 May 2019
    ...Overend & Gurney Co v Gibb ([1872] LR 5 HL 480 (HL)), Re CardiffSaving Banks ([1892] 2 Ch 100 (Ch D)) and Re National Bank of Wales Ltd([1899] 2 Ch 629 (CA)) all conf‌irmed the same proposition, namely that in theabsence of gross negligence a mere error of judgment was not enough to f‌inda ......
  • The Business Judgment Rule — Should We Follow the Australian Example?
    • South Africa
    • Juta South Africa Mercantile Law Journal No. , September 2019
    • 3 September 2019
    ...Directors' Duty of Due Care, Skill and Diligence' (1995) 23 Australian Business LR 184 at 185; see also In re National Bank of Wales Ltd [1899] 2 Ch 629 at 672; and Re Denham & Co (1884) 25 Ch D 752 where a director, described by the Court as a 'country gentleman', was held not to be in bre......

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