Selva defended an entrepreneur against allegations of fraudulent removal of property prior to winding up (s.206 Insolvency Act).
The prosecution alleged that a significant sum of money had been diverted away from creditors. Selva negotiated a considerably reduced figure by demonstrating commercially justifiable reasons for the use of the majority of the funds. The consequence was that an exceptional outcome was achieved - immediate custody was avoided and crucially for the client, after hearing lengthy submissions on the relevant law, the judge made no order under the Company Directors Disqualification Act.
Selva Ramasamy KC