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ASSETS IN THE POSSESSION OF CREDITORS:
If the creditor has seized assets in the course of executing a judgement for debt against the company and at the commencement of the winding up or on receiving notice that it is about to begin the creditor has not completed the process of recovering what is owed to him, the liquidator may compel him to return the asset to the company.
Power to dispense with the word "Limited": Although s.5 provides that the last word of the name of a limited company must be "limited" this would n
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Case Study Cathy's septic tank at her house was old and it suddenly stopped working. On 9 June 2008 she called Dave, the owner of Septix Pty Ltd (-Septix?), to urgently give
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