CORPORATIONS – originating application under s 423 of the Corporations Act 2001 (Cth) for orders for an inquiry into alleged misconduct of receivers and managers of property of company – plaintiffs parties to security instruments – security instruments obliged receivers to perform company’s obligations under coal supply agreements with plaintiffs – complaint that receivers improperly encouraged liquidators to disclaim coal supply agreement under s 568 of the Act – whether complaint raised sufficient basis for ordering an inquiry – whether inquiry should be ordered in the exercise of the Court’s discretion
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2024/2024fca0596
For more information, see the original judgement.