Sinclair v Lee

Hearings

England & Wales

30 Apr 1993 [1993] Ch 497; [1993] 3 WLR 498; [1993] 3 All ER 926, Ch D

Subject Matter

TRUSTS — Company — Whether shares capital or income — Proposal for demerger of company — Shareholders to obtain shares in new company by means of declaration of dividend — Shares held by trustees of settled trust — Whether shares in new company capital or income in hands of trustees

[1993] Ch 497; [1993] 3 WLR 498

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