Australia: To adjourn or not adjourn (winding up proceedings), a review of section 440A(2) – Mondaq News Alerts - June 26, 2018


Mondaq News Alerts
Australia: To adjourn or not adjourn (winding up proceedings), a review of section 440A(2)
Mondaq News Alerts
The purpose of such an adjournment is to enable the Administrator time to further investigate a company's financial circumstances before the company is wound up in insolvency. The Court is compelled to consider the test under section 440A(2) of the Act …
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