[2025] EWHC 2294 (Ch)

The Applicant’s case- overview

The Applicant maintains that, as at 25 April 2019, the Company was indebted to the Respondent in the sum of £89,159.68 in respect of his director’s loan account.

The Applicant alleges that the Payments (totalling £101,000) comprised (i) preferential payments of £89,159.68 contrary to section 239 IA 1986 and (ii) transactions at an undervalue of £11,840.32 contrary to section 238 IA 1986.

The Applicant seeks repayment of those sums under section 238 and 239 IA 1986 and attendant relief.