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Costs In Liquidation Proceedings – Does The Failure To Set Aside A Statutory Demand Subvert The General Rule That Costs Follow The Event? - Litigation, Mediation & Arbitration

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The Eastern Caribbean Court of Appeal held in Throne Capable
Investment Limited v Agile Star Group Limited
1 that the
failure to set aside a statutory demand does not constitute
misconduct, an unreasonable act or an exceptional circumstance so
as to warrant departure from the general rule that costs follow the
event.
Introduction
The British Virgin Islands (the
BVI) insolvency
regime provides for the issuance of statutory demands against BVI
companies. Where a statutory demand is not set aside within 14
days, a creditor can apply to appoint a liquidator to the alleged ....

British Virgin Islands , Investment Limitedv Agile Star Group , Eastern Caribbean Court , Throne Capable , Investment Limited , Agile Star Group , Eastern Caribbean , Civil Procedure Rules , Throne Capable Investment Limited , Agile Star , Costs In Liquidation Proceedings X2013 Does The Failure To Set Asidea Statutory Demand Subvert General Rule That Follow Event , Mediation Amp Arbitration , Civil Law , Trials Amp Appeals Compensation , பிரிட்டிஷ் கன்னி தீவுகள் , கிழக்கு கரீபியன் நீதிமன்றம் , சிம்மாசனம் திறன் , முதலீடு வரையறுக்கப்பட்டவை , கிழக்கு கரீபியன் , சிவில் ப்ரொஸீஜர் விதிகள் , சிம்மாசனம் திறன் முதலீடு வரையறுக்கப்பட்டவை , மத்தியஸ்தம் ஆம்ப் நடுவர் , சிவில் சட்டம் , சோதனைகள் ஆம்ப் முறையீடுகள் இழப்பீடு ,