Summary It had been entirely appropriate for the Revenue to impose a penalty on a high value dealer for a failure to meet registration requirements in the Money Laundering Regulations 2007 reg.10, even though the trader operated a non-cash policy but had made exceptions for three good customers. High value traders...

Summary The court considered the effect and application of the Finance Act 1996 s.84, s.85 and s.97 in relation to the treatment for taxation purposes of net paying sale and repurchase agreements between companies and concerning gilts. Facts The appellant company (D) appealed against a special commissioner's decision (DCC Holdings (UK)...

Summary In director disqualification proceedings, whether brought under s.8 or under s.7 for an order under s.6 of the Company Directors Disqualification Act 1986, there was an implied exception to the strict rules of evidence on hearsay evidence, opinion evidence and the rule in Hollington v Hewthorn. Facts The appellants (D)...

Summary A company director had not been in breach of his fiduciary duty or his duty of skill and care in procuring the sale of shares in a group company and approving the price where he had intended the transaction to be at market value and the shareholders of the...

Summary A property development company was entitled to summary judgment for specific performance of a contract containing an option to buy freehold property when it had not been possible to say that the contract required an implied obligation or limitation to make it work. Facts The applicant property development company ...

Summary An amendment to a successful party's defence and counterclaim was permitted after judgment had been given: no new points or evidence were required and no substantial injustice was created for the other party. Facts The applicant property owners (D) applied for permission to amend their defence and counterclaim after...

Summary A taxpayer was found, on the balance of probabilities, to have filed an amendment to a tax return on time by delivering it by hand. Facts The appellant taxpayer (R) appealed against an amendment by the respondent commissioners to his self-assessment tax return. R had made a substantial trading...

Summary A developer was not entitled to rely on proprietary estoppel to ensure that parking spaces were transferred to him in accordance with an oral agreement as, although he had relied to his detriment on that agreement, he had failed to satisfy other conditions in that agreement upon which the...

Summary The forum of England and Wales was the forum in which a case could most suitably be tried in the interests of the parties and the ends of justice and it had been appropriate for a judge to grant ex parte permission for a claim form to be served...