In re Devon and Somerset Farmers Ltd

Subject Matter

INSOLVENCY — Receivership — Unregistered company — Industrial and provident society — Bank appointing receivers under debenture — Whether society “company” requiring receivers to pay preferential creditors existing at date of receivership — Companies Act 1985, s 735(1)(4) — Insolvency Act 1986, ss 40, 251

[1994] Ch 57; [1993] 3 WLR 866

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