CORPORATIONS - deed of company arrangement - remuneration of deed administrator - ineffective delegation of remuneration fixing power to committee of inspection - application for s.447A order validating part of remuneration already paid - like application to allow committee of inspection to fix further remuneration - regime to avoid undue cost in notifying creditors of proposal for remuneration to be fixed by meeting of creditors or by court
Acts Cited:
Corporations Act 2001 (Cth), ss.447A, 449E(1)
Supreme Court (Corporations) Rules 1999, 9.2(2)
Case Details
Citation[2005] NSWSC 879
CourtNSWSC
JurisdictionNew South Wales
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