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Re Halt Garage (1964) Ltd : ウィキペディア英語版
Re Halt Garage (1964) Ltd

''Re Halt Garage (1964) Ltd'' () 3 All ER 1016 is a UK company law case concerning reduction of capital and executive pay. It held that money can be ordered to be returned if a sum paid to a director is in substance a reduction of capital, because the amounts cannot seriously be regarded as remuneration.
The proper procedure for reduction of capital →is now found in CA 2006 sections 641-653.
==Facts==
Mr and Mrs Charlesworth started Halt Garage (1964) Ltd. After Mrs Charlesworth became ill, the business declined, from £106,000 turnover in 1967 to voluntary liquidation in 1971. From 1968-1971 Mr Charlesworth worked full time and got £3500 as a director, while Mrs Charlesworth did not work due to her illness but was still paid £500 to £1500. The liquidator claimed this represented an illegal reduction of capital.

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