CORPORATIONS — winding up in insolvency — failure to comply with statutory demand — application for leave under s 459S Corporations Act 2001 (Cth) to oppose winding up on ground that existence of debt genuinely in dispute — whether disputed debt "material" to proof of solvency — what is material to proof of solvency not same as what is determinative of solvency — existence of disputed debt pivotal if company might be found to be solvent if debt exists
Case Details
Citation[2011] NSWSC 113
CourtNSWSC
JurisdictionNew South Wales
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