Someone recently bought our

students are currently browsing our notes.

X

Re Halt Garage (1964) Ltd

[1982] 3 All ER 1016

Case summary last updated at 23/01/2020 16:35 by the Oxbridge Notes in-house law team.

Judgement for the case Re Halt Garage (1964) Ltd

Issued capital of company was two shares of £1 each; one of the two shareholders who was also a director became ill and had very little to do with company, company paid her £20 a week. Held:
 
·       Payment was a disguised return of capital.
·       This because the remuneration was out of all proportion to her work done for the company
·       This despite fact she only held one share of £1!

Have you seen Oxbridge Notes' best Company law study materials?

Our law notes have been a popular underground sensation for 10 years:

  • Written by Oxford & Cambridge prize-winning graduates
  • Includes copious adademic commentary in summary form
  • Concise structure relating cases and statutes into an easy-to-remember whole
  • Covers all major cases for LLB exams
  • Satisfaction guaranteed refund policy
  • Recently updated
Company law Notes

Company law Notes >>