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Company – Winding up. The trial of a preliminary issue was ordered, concerning the priority to be given to the payment of certain charges owed to the respondent company for gas and electricity supplied to retail premises after companies in liquidation had entered into administration and after they had been vacated by the companies. The Companies Court held that liability under the deemed contracts was provable, pursuant to r 13.12(1)(b) of the Insolvency Rules 1986, SI 1986/1925, as a liability to which the companies had become subject after the date of administration by reason of an obligation incurred before that date.
Company – Winding up. The trial of a preliminary issue was ordered, concerning the priority to be given to the payment of certain charges owed to the respondent company for gas and electricity supplied to retail premises after companies in liquidation had entered into administration and after they had been vacated by the companies. The Companies Court held that liability under the deemed contracts was provable, pursuant to r 13.12(1)(b) of the Insolvency Rules 1986, SI 1986/1925, as a liability to which the companies had become subject after the date of administration by reason of an obligation incurred before that date.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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