Monday, May 21, 2012
Obligations to NAMA did not prevent company being wound up.
Obligations to NAMA did not prevent company being wound up.: “Where, as on this petition, NAMA puts evidence before the Court that, by way of transfer from “participating institutions”, it has security over all of the assets of the Company, that factor alone, in my view, should not influence the Court in refusing to make a winding-up order. If a winding-up order is made in this case, neither NAMA nor the statutory receivers appointed by it would be prejudiced …”?
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