Re Sarflax Ltd
| Jurisdiction | England & Wales |
| Judgment Date | 1979 |
| Year | 1979 |
| Date | 1979 |
| Court | Chancery Division |
Get this document and AI-powered insights with a free trial of vLex and Vincent AI
Get Started for FreeStart Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your Free Trial
29 cases
-
Liquidator of Leong Seng Hin Piling Pte Ltd v Chan Ah Lek and Others
...invoices and subsequently the judgment sum did not constitute a breach of s 340(1) of the Companies Act, relying on Re Sarflax Ltd [1979] 1 Ch 592 in support of his contention. In that case, the directors ceased trading, collected and distributed the assets to creditors without regard to pe......
- JCT Ltd v Muniandy Nadasan
-
Comhlucht Páipéar Ríomhaireachta Teo. (in Voluntary Liquidation) v Údarás na Gaeltachta, G.T. Carpets Ltd (in Voluntary Liquidation) and Vincent Duignan
...284. Re Bank of Hindustan, China & Japan Ex. p. Smith (1867) 3 Ch. App. 125; 37 L.J. Ch. 185; 17 L.T. 339; 16 W.R. 170. Re Sarflax Ltd. [1979] Ch. 592; [1979] 2 W.L.R. 202; [1979] 1 All E.R. 529; (1978) 123 S.J. 97. Re Washington Diamond Mining Co. [1893] 3 Ch. 95; (1893) 62 L.J. Ch. 895; 6......
-
Ashborder BV and Others v Green Gas Power Ltd and Others
...is well settled law that, apart from the principles applicable on insolvency, a person may pay his debts in any order: Re Sarflax Ltd [1979] Ch 592, 603 and 612. 225 This is not to say that the principle in West Mercia is of no relevance in the context of deciding whether a transaction by a......
Get Started for Free
2 books & journal articles
-
Insolvency Law
...also stated that to ‘defraud’ meant to induce a course of action by deceit. However, following the English case of Re Sarflax Ltd[1979] Ch 592, Ang JC held that the mere preference of one creditor over another did not amount to fraud within the scope of s 340(1). This was so even where the ......
-
Case Comments: A global view of business, trade, and property under section 34(1) of the Insolvency Act 24 of 1936
...extend to gathering in assets obtained in the course of business and distributing their proceeds to pay business debts (Re Sarflax Ltd [1979] Ch 592; [1979] 1 All ER 529). Approving of this view, Leach J said that closing the doors of the business was not sufficient to indicate that the tra......