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Company – Winding up. The Supreme Court of Bermuda made an order winding up a company, SICL. SICL's former auditors, PwC, applied for the order to be lifted. The liquidators of SCIL challenged, among other things, PwC's entitlement to do so. The Privy Council allowed PwC's application, and held that, among other things, since PwC had the right to be added as a party to the petition, it followed that, unless there were good reasons to the contrary, it was entitled to raise the question whether the Supreme Court had jurisdiction to make the winding up order, but also to raise the issue on appeal.
Company – Winding up. The Supreme Court of Bermuda made an order winding up a company, SICL. SICL's former auditors, PwC, applied for the order to be lifted. The liquidators of SCIL challenged, among other things, PwC's entitlement to do so. The Privy Council allowed PwC's application, and held that, among other things, since PwC had the right to be added as a party to the petition, it followed that, unless there were good reasons to the contrary, it was entitled to raise the question whether the Supreme Court had jurisdiction to make the winding up order, but also to raise the issue on appeal.
The Chair of the Bar sets out how the new government can restore the justice system
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