CORPORATIONS - statutory demand - application to set aside statutory demand - "some other reason" to aside statutory demand, s 459J(1)(b) Corporations Act 2001 (Cth) - reason must be good reason as to why presumption of insolvency should not arise from non-compliance with the statutory demand - possibility that funds may become available to pay debt provides no reason why presumption of insolvency should not arise from non-compliance
Case Details
Citation[2011] NSWSC 1068
CourtNSWSC
JurisdictionNew South Wales
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