Shock decision by Court of Appeal
Case Law Update –Enviroco Limited v Sartad Supply A/S –The meaning of “Subsidiary”
Considered by many as a shock decision, the Court of Appeal have handed down Judgment on the meaning of a subsidiary under sections 736 and 736A of the Companies Act 1985 (now section 1159 of the Companies Act 2006).
Facts
The case was concerned about [...]