The High Court gave judgment last Friday in Harding v Edwards [2014] EWHC 247 (Ch) and ordered the winding-up of a company on the ground that it was just and equitable to do so within section 122(1)(g) of the Insolvency Act 1986. The decision provides a good illustration of the facts necessary for this to be done where a company's management has become deadlocked.
Monday 17 February 2014
UK: England and Wales: winding-up on the just and equitable ground
The High Court gave judgment last Friday in Harding v Edwards [2014] EWHC 247 (Ch) and ordered the winding-up of a company on the ground that it was just and equitable to do so within section 122(1)(g) of the Insolvency Act 1986. The decision provides a good illustration of the facts necessary for this to be done where a company's management has become deadlocked.
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