CORPORATIONS [72]- Creation of charge- Charge created in favour of executors- Executors were also directors of chargor- Whether charge created "in favour of" ... "relevant persons"- Whether charge void. SUCCESSION [255][257]- Co-executors- Appointment of receiver to company by one co-executor- Acted without consent of the other- Whether one co-executor can bind all- Discussion of when executors become trustees. WORDS & PHRASES- "In favour of".
Acts Cited:
Conveyancing Act 1919, ss 54A, 153(4)
Corporations Act 2001 (Cth), ss 267, 418A
Case Details
Citation[2005] NSWSC 677
CourtNSWSC
JurisdictionNew South Wales
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