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In the matter of QSmart Securities Pty Ltd [2021] NSWSC 1687 — Winding Up — Barrister AI

In the matter of QSmart Securities Pty Ltd

[2021] NSWSC 1687

Supreme Court of NSW

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Interrogate

Catchwords

1. Corporations
2. › Winding up
3. › Statutory demand
4. › Failure to comply with statutory demand
5. › Where presumption of insolvency that arose from failure to comply with statutory demand not rebutted.
1. Corporations
2. › Winding up
3. › Statutory demand
4. › Whether to exercise discretion to stay winding up
5. › Where company submits it will recover funds in near future
6. › Where that was not established on the evidence.

Case Details

Citation[2021] NSWSC 1687

CourtNSWSC

JurisdictionNew South Wales

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Cited by1

2022In the matter of ENA Development Pty LtdNSWSC 54

Relies on4

2015In the matter of Gladstone MortgageeNSWSC 1551
2011Australian Securities and Investments Commission v Lanepoint Enterprises Pty Ltd (Receivers and Managers Appointed)HCA 18
2007TS Recoveries Pty Ltd v Sea-Slip Marinas (Aust) Pty LtdNSWSC 1410
2003Lechmere Financial Corporation v Aspermont LimitedFCA 1138

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