Ciban v Citco (2020) – reformulating the Duomatic principle

On 30 July 2020 the Privy Council handed down their decision in Ciban Management Corporation v Citco (BVI) Ltd  [2020] UKPC 21, upholding the decision of the British Virgin Islands Commercial Court and the Eastern Caribbean Court of Appeal, and developing our understanding of certain key aspects of company law, especially the Duomatic  principle and section 175 of the BVI Business Companies Act 2004.

Download the PDF to learn more about the facts, the Duomatic  principle, related issues, and key takeaways from this decision.