› where levies were made by previous administrators and current liquidator to shareholders in Company in order to satisfy judgment debts and costs
› whether liquidator was limited to reliance on levy issued in 2015 by reason of election
› whether the administrators’ first levy was authorised by the Company’s articles of association
› whether levies issued under a share surrender agreement were invalid.
Corporations
› winding up
› liquidators’ costs, fees and expenses
› where liquidator claimed a lien over the unit for unspecified work and unquantified costs
› where the unit is trust property
› where not established that the costs, fees and expenses incurred by the liquidator were for the preservation of the unit rather than wider costs of the liquidation
› where not established that non-trust assets of the Company would be insufficient to meet liquidators costs of the winding up.
Case Details
Citation[2015] NSWSC 491
CourtNSWSC
JurisdictionNew South Wales
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