West End Quay Estate Management Ltd , Re [2017] EWHC 958 (Ch) (06 February 2017)

Administration purpose cannot be achieved, company is insolvent, court must wind up company and appoint administrators as liquidators to avoid returning control to directors.

Citation: [2017] EWHC 958 (Ch)
Parties: Company in Administration: West End Quay Estate Management Limited; Joint Administrator / Applicant: Mr Appleton; Joint Administrator / Applicant: Mr Katz; Creditor: Paddington Companies; Solicitors for Respondent: Wallace LLP
Jurisdiction: England and Wales
Judgment Date: 06 February 2017
Procedural Posture: Insolvency Application / Application for Discharge of Administration and Winding Up
Outcome: Application granted
Legal Topics: Administration Discharge, Compulsory Liquidation, Appointment of Liquidators

Insolvency Company Law Administration Discharge Compulsory Liquidation Appointment of Liquidators

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Parties

West End Quay Estate Management Limited

Company in Administration

Mr Appleton

Joint Administrator / Applicant

Mr Katz

Joint Administrator / Applicant

Paddington Companies

Creditor

Wallace LLP

Solicitors for Respondent

Procedural Posture

Insolvency Application / Application for Discharge of Administration and Winding Up

Legal Issues

1 Whether administration should be discharged
2 Whether company should be wound up
3 Whether administrators should be appointed as liquidators

Ratio Decidendi

Administration purpose cannot be achieved, company is insolvent, court must wind up company and appoint administrators as liquidators to avoid returning control to directors.

Court Disposition

Application granted

Orders

Administration discharged
Company wound up