- Dealing with surplus assets in voluntary winding up (Qureshi v Association of Conservative Clubs Ltd)
- What are the practical implications of the judgment?
- What was the background?
- What did the court decide?
Restructuring & Insolvency analysis: Michael Bowmer, barrister at 4 New Square Chambers, advises that the decision in Qureshi v Association of Conservative Clubs Ltd is of wider relevance to practitioners dealing with voluntary winding up and the application of surplus assets and is a reminder of the need to pay close attention to the articles of association of the company. The need to do so arises particularly acutely in the case of companies that are registered societies whose rules will govern the position.
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