Shah v Insafe International Ltd & Anor  BTC 37
 EWHC 1036 (Ch)
High Court (Chancery Division) Decisions
Mr Simon Monty QC, (Sitting as a Deputy Judge of the Chancery Division)
Judgment delivered 12 May 2016
Employee benefit trusts – PAYE and NIC settlement agreement between employer and HMRC in respect of monies settled on sub-trusts – Subsequent winding up of sub-trusts – Whether sums distributed to be paid net of amounts paid to HMRC under the settlement agreement.