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Insolvency – Company. The Chancery Division made an order, under s 233 of the Insolvency Act 1986, for the restoration of an IT system to Sahaviriya Steel Industries UK Ltd and, among other things, directed that the hearing should take place in private where the evidence involved revealing information that might adversely affect the liquidator's negotiating position in attempting to sell some or all of the company's business.
Insolvency – Company. The Chancery Division made an order, under s 233 of the Insolvency Act 1986, for the restoration of an IT system to Sahaviriya Steel Industries UK Ltd and, among other things, directed that the hearing should take place in private where the evidence involved revealing information that might adversely affect the liquidator's negotiating position in attempting to sell some or all of the company's business.
The Chair of the Bar reports back
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