Re Perfectair Holdings Ltd

JurisdictionEngland & Wales
Date1990
CourtChancery Division
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10 cases
  • Re Heriot Fund
    • Cayman Islands
    • Grand Court (Cayman Islands)
    • 4 January 2011
    ...(7) Haven Gold Mining Co., In reELR(1882), 20 Ch. D. 151; [1881–5] All E.R. Rep. 585, followed. (8) Perfectair Holdings Ltd., Re, [1990] BCLC 423; (1989), 5 BCC 837, dictum of Scott J. applied. (9) Suburban Hotel Co., In reELR(1867), L.R. 2 Ch. App. 737, referred to. (10) Vujnovich v. Vujno......
  • Apex Global Management Ltd and Another v Fi Call Ltd and Others
    • United Kingdom
    • Chancery Division
    • 11 November 2015
    ...( Re Yenidje Tobacco Co Ltd [1916] 2 Ch 426); and (3) where the company's objects or trading purposes can no longer be achieved ( Re Perfectair Holdings Ltd [1990] BCLC 423). 58 As I shall elaborate later, it is a feature of this case that both (a) the breakdown in trust and confidence betw......
  • Citco Global Custody NV Applicant v Y2K Finance Inc. Respondent
    • British Virgin Islands
    • High Court (British Virgin Islands)
    • 25 November 2009
    ...who wish to redeem is not a distribution by way of ad hoc liquidation, of the sort which Scott J (as he then was) so deplored in re Perfectair Holdings Ltd 10. It is wholly different from liquidation both in law and in fact. It is a carrying on, albeit for the last time, of the business of ......
  • The Companies Law v Heriot African Trade Finance Fund Ltd Section 64(b) of the Companies Law v Heriot African Trade Finance Fund Ltd
    • Cayman Islands
    • Grand Court (Cayman Islands)
    • 4 January 2011
    ...law of the British Virgin Islands is not the same as that of the Cayman Islands. 36 Counsel referred me to Re Perfectair Holdings Ltd [1990] BCLC 423 in which Scott J. (as he then was) said (at page 437) ‘‘The directors were not put into office and cannot claim to be maintained in office fo......
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2 books & journal articles
  • Table of Cases
    • United Kingdom
    • Wildy Simmonds & Hill Watson-Gandy On Corporate Insolvency Practice - 2nd Edition Contents
    • 29 August 2017
    ...v Holland [2010] UKSC 51, [2010] 1 WLR 2793, [2011] 1 All ER 430, [2011] Bus LR 111 393 Perfectair Holdings Ltd, Re (1989) 5 BCC 837, [1990] BCLC 423, ChD 109 Philex plc v Golban (Company No 0022 of 1993); Ridehalgh v Horsefield & Anor and related appeals [1994] BCC 390, CA 53, 66 Produce M......
  • Winding up petition on just and equitable grounds
    • United Kingdom
    • Wildy Simmonds & Hill Watson-Gandy On Corporate Insolvency Practice - 2nd Edition Contents
    • 29 August 2017
    ...he will have a tangible interest in the company being wound up. 9 1 Re Yenidje Tobacco [1916] 2 Ch 426. 2 Re Perfectair Holdings Ltd [1990] BCLC 423. 3 Re Westbourne Galleries [1973] AC 360. 4 Scottish Co-operative Society v Meyer [1959] AC 324. 5 Re Neath Harbour Smelting and Rolling Works......

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