Re Torotrak plc (in liquidation) (5 January 2023)

The Chancery Division made rulings in respect of a surplus of some £304,859.20 (before deduction of costs and expenses) in the creditors’ voluntary liquidation of a company. The court ruled as to, among other things, the appropriate method by which the members of the company should be traced, and to whom the liquidators could make a distribution of the surplus.