Kent & Sussex Saw Mills Ltd, In re

Subject Matter

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).