PUBLIC NOTICE

 

This is to advise that this website will be unavailable due to scheduled maintenance during the period - 
Friday June 14, 2019 to Sunday June 16, 2019.

We apologize for the inconvenience this scheduled maintenance will cause.


 Court List - SUPREME COURT OF JUDICATURE OF JAMAICA - Civil Division - June 17th 2019

 Court List - SUPREME COURT OF JUDICATURE OF JAMAICA - Criminal Division - June 17th 2019

 Court List - SUPREME COURT OF JUDICATURE OF JAMAICA - Commercial Division - June 17th 2019

 

 

COK Sodality Co-operative Credit Union Limited v Intertrade Finance Corporation Limited Consolidated with FSC

Case Number: 
2011 HCV 03174
Neutral Citation: 
[2012] JMSC Civ No. 57
Date of Delivery: 
08.05.2012

Company Law- Law of Trusts-Financial Services Commission Act- FSC assuming temporary management of institution carrying on both securities and cambio business-applying for stay of proceedings commenced against institution- subsequent filing of Winding Up Petition by the FSC- cambio operation-whether trust arises when moneys paid for particular purpose not fulfilled- whether funds become assets of insolvent company or whether impressed with a trust -Methods of Distribution of assets when assets insufficient to fulfil all claims-Bills of Exchange Act-dishonoured cheques-liquidated damages-entitlement to judgment for amount stated in cheque