Re Redman (Builders) Ltd
| Jurisdiction | England & Wales |
| Judgment Date | 1964 |
| Year | 1964 |
| Date | 1964 |
| Court | Chancery Division |
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15 cases
- Emporium Jaya (Bentong) Sdn Bhd ((in Liquidation)) v Emporium Jaya (Jerantut) Sdn Bhd
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Re Aro Company Ltd
...creditors of an insolvent company are to rank pari passu (subject to statutory provisions as to preferential payments); see in Re Redman Builders Ltd., (1964) 1 weekly Law Reports, 541. In order to achieve this result, there are provisions which restrict the right of a creditor to make use......
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Re Caribbean Products (Yam Importers) Ltd
... ... The cases were all reviewed by Mr Justice Pennycuick in In re Rodman (Builders) Limited , ( 1964 1 Weekly Law Reports, page 541 ), and I do not think I need go through them again, for in the end they show, I think, that though ... It does not know enough about the facts. The general rule in winding-up, as observed by Mr Justice Pennycuick at page 546 of the report in Redman (Builders) Limited , is that all creditors rank pari passu if not secured, and weighty reasons are needed to set this aside. I do not feel that the ... ...
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RZH SETIA JAYA SDN BHD vs SIME DARBY ENERGY SOLUTIONS SDN BHD
...of a company. A party with the benefit of an adjudication decision remains an unsecured creditor. In Re Redman (Builders) Ltd. [1964] 1 All ER 851 the Court held at page 855 that the basic scheme of the provisions of the Bankruptcy Act and the Companies Act is that the unsecured creditors r......
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1 books & journal articles
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Insolvency Law
...execution at the commencement of the winding up he is in the same position as any other unsecured creditor (Re Redman (Builders) Ltd[1964] 1 WLR 541 at 546). Thus, weighty reasons are necessary to justify the court in exercising its discretion to interfere (In re Caribbean Products (Yam Imp......