Section 134: Guidelines for orders
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
134. Guidelines for orders
(1) In deciding whether it is just and equitable to make an order under
section 133 (1) (a), the Court shall have regard to the extent to which the
circumstances that gave rise to the liquidation of the company are attributable to the actions of the related company.
(2) In deciding whether it is just and equitable to make an order under
section 133 (1) (b), the Court shall have regard to—
(a) the extent to which any of the companies took part in the management of any of the other companies;
(b) the conduct of any of the companies towards the creditors of
any of the other companies;
(c) the extent to which the circumstances that gave rise to the liquidation of any of the companies are attributable to the actions
of any of the other companies; and
(d) the extent to which the business of the companies have been
combined.
(3) The fact that creditors of a company in liquidation relied on the fact
that another company is, or was, related to it is not a ground for making an
order under section 133.
I14 – 81 [Issue 3]
Insolvency Act