Jennifer Lawson Russell or Wright against Peter Crawford Wright and others (Sheriff Appeal Court Civil)
Jennifer Lawson Russell or Wright against Peter Crawford Wright and others (Sheriff Appeal Court Civil) [2024] SACCIV 48 (27 November 2024)
The Sheriff Appeal Court held that a dissolved company’s debts were extinguished and that a standard security securing them could not be enforced while dissolution continued.
- Effect of company dissolution on debts
- Enforceability of standard security
- Accessory obligations
- Restoration of dissolved companies
- Prescription of debts
- Company-dissolution