CORPORATIONS - voluntary administration - applicant for winding up in insolvency seeks termination of Part 5.3A administration effected 45 minutes before hearing of winding up application - significantly different "relation back days" according to whether or not administration in place immediately before winding up order made - administration initiated by sole director as self-protective measure - abuse of process
Acts Cited:
Corporations Act 2001 (Cth) - Part 5.3A, s.447A
Case Details
Citation[2004] NSWSC 851
CourtNSWSC
JurisdictionNew South Wales
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