Provisional liquidation: HMRC damages undertaking | Practical Law

Provisional liquidation: HMRC damages undertaking | Practical Law

The High Court has held that there should be an inquiry as to the damages suffered by a company as a result of the appointment of a provisional liquidator by HM Revenue & Customs where the petition debt was later found not to be due.

Provisional liquidation: HMRC damages undertaking

Practical Law UK Articles 7-605-5115 (Approx. 3 pages)

Provisional liquidation: HMRC damages undertaking

by Clifford Chance LLP and Practical Law Restructuring and Insolvency
Published on 26 Mar 2015United Kingdom
The High Court has held that there should be an inquiry as to the damages suffered by a company as a result of the appointment of a provisional liquidator by HM Revenue & Customs where the petition debt was later found not to be due.