23 March 2007
Singla (Trustee in Bankruptcy of Brown) v Brown [2007] EWHC 405 (Ch D), [2007] All ER (D) 05 (Mar)
Although in the majority of cases where the conditions for the application of the Insolvency Act 1986, s 339 are satisfied—where a bankrupt has entered into a transaction at an undervalue—the court will make an order, the court retains an overall discretion which is wide enough to enable it to make no order at all where, exceptionally, justice so requires.
