Nightingale Mayfair Ltd v Mehta (1999)
Judgment Date: 21 Dec 99
Summary A debtor who caused a property purchased with his money to be transferred into a trust or settlement for the purposes of a tax avoidance scheme had successfully deprived himself of any beneficial interest in the property. Futhermore, a promissory note constituted "valuable consideration" for the purposes of s.23(1)...