M.F.N. Construction Co. Ltd., Re [1988] IESC 6 (12 May 1988)
The court held that the company was unable to pay its debts and that it was just and equitable to order its winding up.
- Citation
- [1988] IESC 6
- Parties
- Applicant: M. F. N. Construction Co. Ltd.
- Jurisdiction
- Ireland
- Judgment Date
- 12 May 1988
- Procedural Posture
- Company Law Winding Up / Supreme Court Appeal
- Outcome
- Order for winding up granted
- Legal Topics
- Winding Up, Liquidation, Corporate Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
M. F. N. Construction Co. Ltd.
Applicant
Procedural Posture
Company Law Winding Up / Supreme Court Appeal
Legal Issues
- 1 Whether the company should be wound up by the court
Ratio Decidendi
The court held that the company was unable to pay its debts and that it was just and equitable to order its winding up.
Court Disposition
Order for winding up granted
Orders
- The company is to be wound up by the court
Full Case Text
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