“… the payments. This is established in authorities dealing with the payment of unauthorised dividends. In Bairstow v Queens Moat Houses plc [2001] EWCA Civ 712, [2001] 2 BCLC 531, the directors were held liable to pay compensation equal to the full amount of unlawful dividends which they had procured to be paid. This was confirmed to be…”
“…The burden of proving honesty and reasonableness lies on those seeking relief (see Bairstow v Queens Moat Houses plc [2001] 2 BCLC 531, at paragraph 58).…”