BANKRUPTCY AND INSOLVENCY – application to extend time for registration of collateral on the Personal Property Securities Register under s 588FM of the Corporations Act 2001 (Cth) – where application is made after the critical time – where application is made after appointment of administrators – where application is made in respect of the security interest by which administrators were appointed under s 436C of the Corporations Act – where ineffective registration of collateral made before the latest time – where effective registration of collateral made after latest time but before critical time – whether failure to make effective registration earlier accidental, or due to inadvertence or other sufficient cause – whether interests of unsecured creditors prejudiced by delayed registration – whether Guardian Securities condition appropriate – whether application should be heard and determined urgently
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0762
For more information, see the original judgement.
