Morris & Ors v State Bank of India [2003] EWHC 1868 (Ch) - 289 - S 213 Insolvency Act 1986 (s 993 CA 2006 - s 9 FA).
1) “knowledge” for the purposes of fraudulent trading can be either actual knowledge
or deliberate blindness or recklessly indifference to the fraudulent nature of the transactions.
- “blind-eye” knowledge requires a suspicion, firmly grounded and targeted on specific facts, that the relevant facts do exist and a deliberate decision to avoid confirming that they exist.
2) the words “intent to defraud” connote actual dishonesty.
undefined: unpaid