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Ready Rentals Ltd (In Liquidation) v Ahmed; Crown Prosecution Service v Ahmed

Lloyd's Law Reporter Financial Crime

Ready Rentals Ltd (In Liquidation) v Ahmed; Crown Prosecution Service v Ahmed

Proceeds of Crime Act 2002 - Restraint order - Realisable property - Delay - Interest - Capacity - Protected party - Litigation friend

This case concerned money that had been paid into the High Court by a Mr Ahmed following a previous dispute. Ready Rentals Ltd ("Ready Rentals") and Mr Ahmed wished for money to be divided between them in equal shares. The Crown contended that a restraint order under POCA should be made against Mr Ahmed and that that order should extend to the money in court.

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