Application by Hill Street Trustees Ltd re Arya Holdings Ltd en desastre [1988] JRC 045 (08 March 1988)
- Citation
- [1988] JRC 045
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- Application / En Desastre Proceedings
More details
- Posture
- Application / En Desastre Proceedings
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
The court found Arya Holdings Ltd unable to pay its debts and declared it en desastre.
Court disposition
Application granted
Orders
- Arya Holdings Ltd declared en desastre
02
Material facts
Parties
Hill Street Trustees Ltd
ApplicantArya Holdings Ltd
Respondent03
Procedural history
Posture
Application / En Desastre Proceedings
04
Questions and positions
Legal issues
Whether Arya Holdings Ltd should be declared en desastre
Party arguments
- Applicant
- Applicant sought an order declaring Arya Holdings Ltd en desastre due to insolvency.
- Respondent
- No argument from respondent recorded.
05
Court’s reasoning
Legal principles
- 01
Jersey insolvency law
A company may be declared en desastre if it is unable to pay its debts.
06
Ratio, limits and disposition
Ratio decidendi
The court found Arya Holdings Ltd unable to pay its debts and declared it en desastre.
Court disposition
Application granted
- Arya Holdings Ltd declared en desastre
Source and reliance status
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Judgment text
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Court record
Judgment
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BAILII >> Databases >> Jersey Unreported Judgments >> Application by Hill Street Trustees Ltd re Arya Holdings Ltd en desastre [1988] JRC 045 (08 March 1988) URL: https://www.bailii.org/je/cases/UR/1988/1988_045.html Cite as: [1988] JRC 45, [1988] JRC 045 [ New search ] [ Printable PDF version ] [ Help ] Application by Hill Street Trustees Ltd re Arya Holdings Ltd en desastre [1988] JRC 045 (08 March 1988) A HTML version of this file is not available click here or view below the pdf version : [1988] JRC 045 BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/je/cases/UR/1988/1988_045.html
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