CORPORATIONS - winding up - leave to proceed against company in liquidation - apparently arguable case - relief of a proprietary nature sought - no opposition by liquidator - leave granted
Acts Cited:
Corporations Act 2001 (Cth), ss.471B, 500(2)
Quick Take
1Claims of a proprietary nature — such as assertions that property ostensibly owned by a company in liquidation is in truth owned by the claimant — go beyond money-based proof of debt concepts and may justify departure from the proof of debt procedure.
2An apparently arguable case, combined with the proprietary character of the relief sought and the absence of opposition from the liquidators, is sufficient to warrant the grant of leave to proceed against a company in liquidation.
Case Details
Citation[2005] NSWSC 672
CourtNSWSC
JurisdictionNew South Wales
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