Payroller Ltd (in liquidation) and others v Little Panda Consultants Ltd and others

Company – Winding up. In a case relating to the payment by the insolvent first claimant company to the defendants of monies obtained from a VAT fraud, the defendants had raised arguable defences to the claimants' claim for recovery under s 423 of the Insolvency Act 1986. Accordingly, the Queen's Bench Division dismissed the claimants' application for summary judgment.

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