› where applicant pleads that directors contravened s 180(1) by exposing company to risk of adverse legal consequences
› where adverse legal consequences as pleaded include the risk of investors initiating civil proceedings under s 953B of the Corporations Act 2001 (Cth) following breaches of s 945A(1)
› where applicant has not pleaded that the investors suffered loss or that loss was caused by the breach
› whether paragraph should be struck out
Case Details
Citation[2013] FCA 1008
CourtFCA
JurisdictionCommonwealth
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