18 May 2011
PROVIDA FOODS LTD V FOODFIRST LIMITED HC HAM CIV 2009-419-1581
- Citation
- openlaw-3c724674_ea3c_4ec8_9731_cd5a92cff4f8.pdf
- Court
- High Court
The court recalled the 21 February 2011 judgment and reissued it with paragraph [123](c)(ii) amended to require production of a board resolution authorising redemption of Provida's 4,999 shares, an auditors' certificate fixing the price in accordance with the company constitution (auditors to value on the basis of the last audited accounts and net book value), and a Companies Act s 70 solvency certificate; upon evidence of redemption the Registrar must pay the sum certified by the auditors to the applicant's solicitors and the balance to the respondent's solicitors, with interest apportioned…