CORPORATIONS — winding up — voluntary winding up — where declaration sought that funds paid by passengers of company into accounts were held on trust — whether monies in account were held on trust — application by liquidators for approval to enter into deed settlement and release with plaintiff — whether entry into deed is a proper exercise of power by liquidators — whether distribution of monies can properly be made in specified manner — whether interim payment can be made to plaintiff subject to undertaking.
Case Details
Citation[2014] NSWSC 167
CourtNSWSC
JurisdictionNew South Wales
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