Deputy Commissioner of Taxation v Lencal Excavations P/L (in Liq)

[2004] NSWSC 783

Supreme Court of NSW

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For Australian Law.

1. Application for order that the winding-up of a company be terminated - Adequacy of evidence of the financial position of the company - Proposal to postpone debts owed to directors in event of later liquidation of company rather than inject funds as to capital - Failure to serve notice of application on ASIC - Service of notice of application on creditors whose debts would not be discharged by application.
1. Acts Cited:
1. Corporations Act 2001 (Cth)
1. Income Tax Assessment Act 1997 (Cth)

Citation[2004] NSWSC 783

CourtNSWSC

JurisdictionNew South Wales

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