Bolsover District Council v Dennis Rye Ltd
Court of Appeal
“A judge hearing a winding-up petition against a company, when faced with a cross-claim by the company against the petitioner, had to consider only whether the evidence before him was sufficient to satisfy him that the company’s cross-claim was not merely arguable but was genuine and serious, and not whether the company should have previously taken action on the cross-claim unless it had a good reason for not doing so.”
The Times, 19th May 2009
Source: www.timesonline.co.uk
