Re Pantiles Investments Ltd (in liquidation)

Company – Director. The respondent former director of the first applicant company in liquidation had knowingly been a party to the use of the company for the purposes of defrauding a bankrupt's creditors and had been in breach of her duties as director. The Chancery Division, in allowing the company's liquidator claim against the respondent, further held that ss 21 and 32 of the Limitation Act 1980 disapplied the primary limitation period in relation to a loan, whether that breach was characterised as fraudulent or negligent.

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