Ayerst (Inspector of Taxes) v C&K (Construction) Ltd
Ayerst (Inspector of Taxes) v C&K (Construction) Ltd [1976] AC 167 was a decision of the House of Lords relating to revenue law and insolvency law which confirmed that where a company goes into insolvent liquidation it ceases to be the beneficial owner of its assets, and the liquidator holds those assets on a special "statutory trust" for the company's creditors.
Ayerst (Inspector of Taxes) v C&K (Construction) Ltd
Ayerst (Inspector of Taxes) v C&K (Construction) Ltd [1976] AC 167 was a decision of the House of Lords relating to revenue law and insolvency law which confirmed that where a company goes into insolvent liquidation it ceases to be the beneficial owner of its assets, and the liquidator holds those assets on a special "statutory trust" for the company's creditors.
has abstract
Ayerst (Inspector of Taxes) v ...... " for the company's creditors.
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Wikipage page ID
48,755,364
Wikipage revision ID
694,271,455
citations
date decided
1975-05-21
decision by
full name
Ayerst v C&K Ltd
judges
name
Ayerst v C&K Ltd
number of judges
subject
hypernym
comment
Ayerst (Inspector of Taxes) v ...... " for the company's creditors.
@en
label
Ayerst (Inspector of Taxes) v C&K (Construction) Ltd
@en