Index card Kumar v LSC Finance Ltd

Kumar v LSC Finance Ltd

Hearings

England & Wales

09 Jun 2023 [2023] EWHC 1439 (Ch), Ch D

15 Mar 2024 [2024] EWCA Civ 254; [2025] 1 All ER (Comm) 245; [2024] WLR(D) 131, CA (Asplin, Phillips, Andrews LJJ)

Subject Matter

FINANCIAL SERVICES — Regulated activities — Loan agreements — Borrowers entering into loan agreement with unregulated lender for purchase and development of real property — Borrowers’ obligations secured by mortgages on land — Whether loan agreements amounting to regulated mortgage contracts — Financial Services and Markets Act 2000 ( c 8), s 26 — Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544), art 61

[2024] EWCA Civ 254; [2025] 1 All ER (Comm) 245; [2024] WLR(D) 131, CA

Subscribe or Register to access the full case information page. Registered users can access three Law Reports, three case information pages and perform three Case Genie searches per month. If you already have an ICLR account please log in. For other queries or to request a free trial please contact ICLR.

MoJ users should log in here.