The Weekly Law Reports
[1984] 3 WLR 1101
[CHANCERY DIVISION]
In re
AMALGAMATED INVESTMENT AND PROPERTY CO. LTD.
[No. 00916 of 1976]
1984 Jan. 30,
31;
Feb. 1, 2, 3, 6;
April 2
Feb. 1, 2, 3, 6;
April 2
Vinelott J.
Company
— Winding up
— Interest on debt
— Guarantee by company of debt owed by foreign corporation
— Debt bearing interest to be capitalised
— Creditor receiving payments in winding up of foreign corporation
— Date to which interest could be claimed
— Whether “interest” included capitalised interest
— Whether guarantor's debt included “interest”
— Whether interest limited to 5 per cent.
—
Bankruptcy Act 1914 (4 & 5 Geo. 5, c. 59), s. 66(1)