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Commercial And Corporate [1938] EACA 175

Re: Jaffer Meghji Ahamed and Another Trading as J. Meghji Ahamed and Co, Debtors

Re: Jaffer Meghji Ahamed and Another Trading as J. Meghji Ahamed and Co, Debtors (Bankruptcy Cause No. 24 of 1938) [1938] EACA 175 (1 January 1938)

The Court refused to approve a bankruptcy composition scheme, holding that creditor majority support was not enough where the debtors’ conduct was seriously improper.

  • Bankruptcy Scheme Approval
  • Creditor Majority Influence
  • Debtor Misconduct
  • Failure To Keep Books
  • Preferential Creditor Treatment
  • Bankruptcy
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