CORPORATIONS - voluntary administration - administrator appointed by bank as secured creditor - all facilities called up - subsequent willingness of bank to reinstate facilities - evidence of solvency if facilities reinstated - whether court should order termination of administration on undertaking given to court by bank
Acts Cited:
Corporations Act 2001 (Cth), s.447A
Case Details
Citation[2005] NSWSC 730
CourtNSWSC
JurisdictionNew South Wales
Unlock so much more with Barrister AI
The full text is available to signed-in members, including the 4 later cases that cite this judgment.