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A recent High Court judgment in Birmingham has clarified key points relating to Section 303 of the Insolvency Act 1986. The case involved a Trustee in Bankruptcy and addressed serious allegations of bad faith, unreasonableness, or perversity against trustees.
The judgment is notable for its consideration of who has standing to bring a Section 303 application and the high threshold that must be met to succeed. The decision provides useful guidance for practitioners dealing with complex insolvency matters and trustee conduct.
Raghav Trivedi acted for the Trustee in Bankruptcy and was instructed by Robert Pearson of Sills & Betteridge Solicitors LLP. Raghav’s case summary can be viewed here >>>.
Written by Justin Luckman
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