The Law Reports (Chancery Division)
[1947] Ch 177
[CHANCERY DIVISION]
In re
KENT & SUSSEX SAWMILLS, LIMITED.
1946 Nov. 4.
WYNN-PARRY J.
Company
— Voluntary liquidation
— Bank overdraft
— Letter directing payment of moneys due under contract into bank
— Direction irrevocable without consent of bank
— Equitable assignment
— Unregistered charge of book-debts
— Void in liquidation
—
Companies Act, 1929 (19 & 20 Geo. 5, c. 23), s. 79 (2.) (e).