Re Produce Marketing Consortium Ltd (No. 2)
| Jurisdiction | England & Wales |
| Date | 1989 |
| Year | 1989 |
| Court | Chancery Division |
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16 cases
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Philip Anthony Brooks and Another v Keiron Armstrong and Another
...all the circumstances ought fairly to be excused. It is only available for the Section 212 not the Section 214 claim (see Re Produce Marketing Consortium Ltd (No 2) [1989] BCLC 520). D) The Liquidators' Case 27 Essential features of the case relied upon by the Liquidators to support the con......
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Bangla Television Ltd (in liq.)
...to the Company's assets. As to how much that contribution should be, he relied upon the decision of Mr Justice Knox in Re Produce Marketing Consortium Limited (No. 2) [1989] BCLC 520 at page 553E-G, where his Lordship said: "In my judgment the jurisdiction under section 214 is primarily co......
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Stuart Mackellar (as liquidator of Smart Plus International (Holdings) Ltd Appellant v [1] Khoo Kin Yong (aka "Alice") [2] Pengiran Hajid Mohd Ayub [3] The Authorised Legal Representative Appointed in the Estate of Pengiran Anak Hajah Damit (Deceased) Respondents
...Cohen et al v Gerald Selby et al [2002] BCC 82 applied; Re Hawkes Hill Publishing Co Ltd (in liq) [2007] BCC 937 applied; Re Produce Marketing Consortium Ltd (1989) 5 BCC 569 distinguished. Baptiste JA 1 This is a judgment of the Court. This appeal arises from a decision of Bannister J [A......
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Stephen Paul Grant and Another v William Ralph Ralls and Others
...while the company's business was being carried on at the risk of creditors — is made good: see Re Produce Marketing Consortium Limited (1989) 5 BCC 569 per Knox J at p. 597G. The purpose is to recoup the loss to the company so as to benefit the creditors as a whole. The court has no jurisdi......
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1 firm's commentaries
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Harneys Corporate Recovery Services Guides to The Insolvency Act 2003 - Part 4
...256(1)(b)† 341 Section 256(2)† 342 Section 256(1)(a)† 343 Section 256(3)† 344 Section256(4)† 345 Re Produce Marketing Consortium Ltd [1989] BCLC 520; Re DKG Contractors Ltd. [1990] 903† 346 Re Produce Marketing Consortium Ltd [1989] BCLC 520† 347 Re Produce Marketing Consortium Ltd [1989] B......
7 books & journal articles
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Table of Cases
...v Bagster (1887) 57 LT 760 247 Probe Data Systems Ltd (No 3), Re [1991] BCLC 586 151, 584, 585 Produce Marketing Consortium Ltd, Re (1989) 5 BCC 569 552 Prudential Assurance Co Ltd and Others v PRG Powerhouse Ltd and Others [2007] EWHC 1002 (Ch), [2007] BCC 500 51, 70, 82, 83 PT Garuda Indo......
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Wrongful Trading: An Impotent Remedy?
...Insolvency Law', Cmnd. 9175. (The Revised Framework') p. 28, para. 52. (8) See s. 214(7). (9) See Re Produce Marketing Consortium Ltd (1989) 5 BCC 569. (10) See Re a Company [1989] BCLC 13; [1988] BCC 424. (11) See Schmitthoff M. and Wooldridge F. (eds) (1991) 'Groups of Companies', Ch. IV ......
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Table of Cases
...No 0022 of 1993); Ridehalgh v Horsefield & Anor and related appeals [1994] BCC 390, CA 53, 66 Produce Marketing Consortium Ltd, Re (1989) 5 BCC 569, [1989] 1 BCLC 520, (1989) The Times , 7 April, ChD 364 Richbell Strategic Holdings Ltd, Re [1997] 2 BCLC 429, ChD 14, 45 Ridgeway Motors (Isle......
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Insolvency Litigation
...and enforcing the scheme of asset distribution established under 33 IA 1986, s 214(1). 34 Re Produce Marketing Consortium Ltd (1989) 5 BCC 569 at 597. 35 IA 1986, s 214A, as applied by LLP Regulations 2001, reg 5 and Sch 3. 36 This amount should not exceed the total of the amounts or values......
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