In re Cyona Distributors Ltd

Subject Matter

COMPANY — Winding up — Fraud by director — Creditor's claim for declaration of liability — Payment to creditor before declaration made — Whether sum paid impressed with trust for creditors generally — Whether material that no declaration — Whether creditor accountable to liquidator for moneys recovered — Companies Act, 1948, s 332

[1966] Ch 462; [1967] Ch 889; [1966] 2 WLR 761; [1967] 2 WLR 369

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