Solution-Can transaction be challenged by a liquidator

Can transaction be challenged by a liquidator

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Reference no: EM132748034

Question: Gilles Pty Ltd is a small gold miner that has now has a liquidator appointed. Osmund, one the directors arranged for the accountant at Gilles Pty Ltd to pay Osmund's spouse, Matilda, for an invoice she had raised against the company for the supply of Geotech services. There was an amount owing of $15,000 and it was paid to her just two weeks before the liquidator's appointment. Can this transaction be challenged by a liquidator/under the Corporations Act?

Reference no: EM132748034

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Can transaction be challenged by a liquidator : Gilles Pty Ltd is a small gold miner that has now has a liquidator appointed. Osmund, one the directors arranged for the accountant at Gilles Pty Ltd to pay.

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Can transaction be challenged by a liquidator

Reference no: EM132748034

Reference no: EM132748034

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