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Company – Winding up. The Court of Appeal, Civil Division, allowed the appellant property developer's appeal against the dismissal of its application for an injunction to restrain the respondent building contractor from presenting a winding-up petition against it. Given that the respondent had, in fact, gone into voluntary liquidation after the hearing, the discretion would be re-exercised by granting a permanent injunction restraining presentation of a petition against the appellant based on interim certificates.
Company – Winding up. The Court of Appeal, Civil Division, allowed the appellant property developer's appeal against the dismissal of its application for an injunction to restrain the respondent building contractor from presenting a winding-up petition against it. Given that the respondent had, in fact, gone into voluntary liquidation after the hearing, the discretion would be re-exercised by granting a permanent injunction restraining presentation of a petition against the appellant based on interim certificates.
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