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Scottish Court of Session Decisions


You are here: BAILII >> Databases >> Scottish Court of Session Decisions >> Baberton Development Syndicate, Ltd, Petitioners [1898] ScotLR 35_499 (23 February 1898)
URL: http://www.bailii.org/scot/cases/ScotCS/1898/35SLR0499.html
Cite as: [1898] SLR 35_499, [1898] ScotLR 35_499

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SCOTTISH_SLR_Court_of_Session

Page: 499

Court of Session Inner House First Division.

Wednesday, February 23. 1898.

35 SLR 499

Baberton Development Syndicate, Limited, Petitioners.

Subject_1Company
Subject_2Winding-up by the Court
Subject_3Appointment of Liquidator.
Facts:

It is competent for the Court in pronouncing an order for the winding up of a company having its registered office in Scotland, to appoint a liquidator residing outwith its jurisdiction, but it is not the general practice to make such an appointment unless valid reasons can be shown for doing so.

Application for appointment of liquidator residing outwith jurisdiction refused.

Headnote:

A petition was presented by the Baberton Development Syndicate, Limited, 4 Picardy Place, Edinburgh, for an order for the winding up of the Finance Corporation of Western Australia, Limited, which was incorporated as a company in October 1894, and had its registered office at 4 Picardy Place, Edinburgh.

Page: 500

The petitioners averred that in September 1897 they had obtained judgment against the Company in the Mayor's Court, London, for £150, and that having sued on a writ of fieri facias on this judgment directed to the Serjeant at Mace of the said Mayor's Court, the writ had been returned unsatisfied and the judgment remained still unpaid.

The petitioners craved the Court to appoint as liquidator Mr Henry Charles Wilson, Chartered Accountant, London, or otherwise Mr Thomas Whitson, C.A., Edinburgh.

There was no opposition to the petition.

The petitioners argued that it would be more convenient that the liquidator should be a gentleman resident in London, as it would be necessary for carrying out the liquidation to pay frequent visits there, and maintained that it was competent to appoint a liquidator outwith the jurisdiction of the Court— Brightwen & Company v. City of Glasgow Bank, November 27, 1878, 6 R. 244; Robertson, October 20, 1875, 3 R. 17.

Judgment:

Lord President—I am not disposed to hold it incompetent to appoint a liquidator outside of our jurisdiction. But for manifest reasons it is preferable to have an officer within our jurisdiction, and residing at or near to the registered office, which is the headquarters of the company. I do not think that there are here adequate reasons for departing from what I suppose to be the general practice of the Court, and accordingly I am against the appointment of this liquidator.

Lord Adam, Lord M'Laren, and Lord Kinnear concurred.

The Court appointed Mr Thomas Whitson as liquidator.

Counsel:

Counsel for the Petitioners— Chree. Agents— A. P. Purves & Aitken, W.S.

1898


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URL: http://www.bailii.org/scot/cases/ScotCS/1898/35SLR0499.html