9 Apr 1985
RE PLESSEY INVESTMENTS LIMITED
- Citation
- RE PLESSEY INVESTMENTS LIMITED
- Court
- Court of First Instance
- Case number
- HCCW298/1984
The appropriate procedure for bringing P.N.B. into the petitions is by substitution under Rule 33 of the Companies (Winding Up) Rules because the assignors have parted with their interests; however the contention that P.N.B. is not a creditor due to a genuine dispute cannot be resolved on bare assertion and requires evidence at the hearing or on a strike-out motion, so P.N.B. is substituted now but the validity of the debts remains for determination at the substantive proceedings.