30 Mar 1988
KAZAN PROPERTIES AND INVESTMENT LTD v. KING\'S DYEING AND WEAVING FACTORY LTD (IN LIQUIDATION)
- Citation
- KAZAN PROPERTIES AND INVESTMENT LTD v. KING\'S DYEING AND WEAVING FACTORY LTD (IN LIQUIDATION)
- Court
- Court of Appeal
- Case number
- CACV13/1988
The judge erred in granting an unlimited stay because Kazan failed to demonstrate the special circumstances required to justify a stay; the Court of Appeal set aside the stay, accepted the liquidators' undertaking to preserve any moneys received until the appeal is determined, and ordered that the liquidators should have costs of the cross-appeal (order nisi).