Glenfyne International Holding Limited v Glenfyne Farms International AU Pty Ltd (in liq); Glenfyne International Limited v GI Commercial Pty Ltd (in liq)

• 1. Corporations
  2. › Insolvency
  3. › Voluntary administration
  4. › Second meeting of creditors
  5. › Casting vote by person presiding at meeting
  6. › Whether resolution to appoint liquidator was resolution relating to removal of external administrator
  7. › Whether casting vote engaged s 75-43 of Insolvency Practice Schedule
  8. › Insolvency Practice Rules (Corporations) 2016, s 75-115
  9. › Corporations Act 2001 (Cth), Sch 2, s 75-43
• 1. Corporations
  2. › Insolvency
  3. › Voluntary administration
  4. › Termination of administration
  5. › Whether administration ends upon resolution to wind up company
  6. › Whether administrator functus officio at time resolution to appoint liquidators was put
  7. › Corporations Act 2001 (Cth), s 435C
• 1. Corporations
  2. › Insolvency
  3. › Court's powers
  4. › Power under s 90-15 of Insolvency Practice Schedule
  5. › Whether power to make orders as court thinks fit requires failure or default on part of external administrator
  6. › Corporations Act 2001 (Cth), Sch 2, s 90-15
• 1. Corporations
  2. › Insolvency
  3. › Appointment of liquidator
  4. › Review of casting vote
  5. › Relevant considerations
  6. › Whether creditors voting for foreign purposes unrelated to maximising recovery
  7. › Whether creditors with vested interest in minimising investigations should be discounted
  8. › Corporations Act 2001 (Cth), Sch 2, s 75-43(4)

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