S P Holding Tractor Hire Ltd v CVS (Commercial Valuers and Surveyors) Ltd

Company – Winding up. The Chancery Division dismissed an application to restrain presentation of a winding up petition based upon a statutory demand which had been served by the respondent on the applicant company, alleging indebtedness under what was called a rating agreement. In the circumstances, there was no realistic chance of the applicant establishing anything remotely approaching a substantial dispute in relation to liability under the agreement.

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