CORPORATIONS- winding up - nine companies with same directors and shareholders - intermingled affairs - application by liquidators for order that assets of companies "be pooled" and all creditors be paid from pool without regard to which of companies was indebted - application based on s.511 - no attempt to invoke provisions under which majority can bind minority - no showing of unanimous consent
Acts Cited:
Corporations Act 2001 (Cth), ss.477(1), 506(1) and 511
Case Details
Citation[2005] NSWSC 475
CourtNSWSC
JurisdictionNew South Wales
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