In re Amalgamated Investment and Property Co Ltd

Subject Matter

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, s 66(1)

[1985] Ch 349; [1984] 3 WLR 1101

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