000			01649cab a2200265 4500
001			ABS50973
008			090401t1994 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u3513
041			_aeng
245			_aRe Leigh Estates (UK) Ltd (In Administrative Receivership)
260			_c1994
350			_a0
490			_aRating Appeals _v1994 RA 57-65(9)
520			_aChD 8 December 1993. A company was in the hands of administrative receivers, the council being the petitioning creditor for a sum of £70,983.94 for unoccupied rates. The council claimed that the court should make a winding-up order because liability in respect of unpaid rates for the premises fell upon the company which was unable to pay and therefore so long as the receivership continued the rates due would remain unpaid. If a winding-up order was made then the receivers or the banks would become liable for the rates charged on the premises. Detailed evidence was given of the financial disadvantages of receivership. The council's petition was dismissed on the grounds that recovery of rates would be at the expense of the secured creditors and would cause any chance they had of reimbursement to disappear. The reason for seeking to wind up the company was not to swell the estate of the company but to gain a preference over the secured and unsecured creditors.
650			_aADMINISTRATIVE RECEIVERS
650			_aRATES
650			_aRECEIVERSHIP
650			_aSECURED CREDITORS
650			_aUNOCCUPIED RATES
650			_aUNOCCUPIED PROPERTY
650			_aWINDING-UP ORDERS
690			_aRATING AND VALUATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c2163 _d2163