Randhawa & Anor v Turpin & Anor [2017] EWCA Civ 1201
In a fascinating (and very readable) judgment, the Court of Appeal has held the appointment of joint administrators made under paragraph 22 of Schedule B1 to the Insolvency Act 1986 ("IA 1986") to be invalid because, among other things, the appointment was made following an inquourate board meeting. Readers are encouraged to read the judgment, as the following is merely an overview of the facts and conclusions.
BACKGROUND
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Travers Smith LLP, Companies Act 2006 (UK), Insolvency Act 1986 (UK), Court of Appeal of England & Wales