Exclusive Holidays of Elegance Limited v ARC Systems Limited

Insolvency-Application to Appoint REceiver-Judgment creditors unpaid-Whether Respondent "ceases to meet liabilities generally as they become due"-Whether act of bankruptcy occurred within 6 months immediately preceding filing of claim-Whether continuing act of bankruptcy-Whether claim form properly constituted-Whether Applicant in liquidation at time claim filed-Whetehr claim therefore null and void and to be struck out-Interim Receiver's report-Whether evidence of fraudulent preference-Whether court to act at this stage.